Active fund management

Latest data from S&P Dow Jones

Employing a 'zero bias approach'

Called Vanguard's Jack Bogle a 'hero'

GBi2'S Graham Bentley selecting portfolios

Inflows into US passives of $505bn in 2016

Ongoing debate

Pay has fallen by a fifth since 2014

Investec AM's UK managing director David Aird speaks to editor Katrina Lloyd about how active managers can prove their worth and tackle the industry-wide problem of closet trackers.

Hedge fund looks set to record worst year since inception

Should be charging investors passive fees