Detlef Glow, head of EMEA research at Thomson Reuters Lipper, has highlighted four key issues the European asset management industry should tackle heading into 2019.
In a research note, Glow (pictured) warned the industry needed to address these issues in the face of "increasing pressure" from regulators and consumer protection groups. Avoid index hugging In order to compete against the rise of ETFs and index funds, the EMEA research head said fund managers need to "re-sharpen" their focus on delivering alpha as this would "convince" investors that active funds can provide a real alternative to passives. In March last year, the Financial Conduct Authority revealed a number of asset managers paid £34m in compensation to investors who overpaid for...
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes
