InFocus: Is active investment management really a quiet achiever?
Print The case for active management is stronger than ever, especially following one of the toughest investment years in living memory. Investors may direct their surplus income or capital into financial markets for a variety of reasons, but for the vast majority of us, the key driver is the desire to maintain quality of living well beyond our working lives. Indeed, the prospect of toiling for 40 to 45 years only to retire with an inadequate level of purchasing power and economic choice is a truly frightening one. It is no longer flippant to contemplate a retirement phase that lasts almost...