Self-directed investors have more than doubled their investments in passives in the first half of Q3, according to figures by investment platform rplan.co.uk.
The provider revealed gross inflows into passive funds via its online investment platform soared 248% between 1 July and 11 August, compared to the same period last year. However, although the company found net inflows into passives were up 159% on last year, the vehicles still amounted to just a third (32%) of overall investment. Meanwhile, active funds remained in demand as the data revealed a 72% increase in net inflows in Q3 compared to the same period last year. Focused active managers outperform generalists and passives - research Stuart Dyer, rplan.co.uk's chief investme...
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