Investors buying passives risk missing out on active funds that deliver real total returns well above what trackers can deliver, Jonathan Willcocks, M&G's global head of retail sales, argues.
The active versus passive debate is guaranteed to inflame passions, and the pros and cons of both sides of the argument have been widely documented. Now we are in an RDR world, the debate has broadened and the focus should be on value for money. What are clients paying for, and what are they getting? Let me put this into the context of everyday life. If you go to a retailer to buy a suit or a washing machine, you are not consciously looking for the average suit or washing machine. You are looking for the best product which fits your specific requirements. So why would you choose to ...
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