Outflows, M&A batter active managers
Rampant mergers and acquisitions, eye-watering redemptions and product closures over the last three years put to question if active fund managers are still fit for purpose.
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Rampant mergers and acquisitions, eye-watering redemptions and product closures over the last three years put to question if active fund managers are still fit for purpose.
Only 13% of 242 active manager portfolios across the world had a woman as lead or co-lead in 2022, according to new research. The number has hardly changed over the past two decades.
Capital markets will be potentially the epicentre of the next financial crisis, according to an investment expert, as unsustainable debt levels could tip global economies into a recession.
Veteran fundie Rupal Bhansali says it's time to "reposition portfolios from growth to value" as dividends become more important.
Australian shares rose 0.1 per cent at the opening. Karoon energy to be hit with temporary export tax. The 10-year bond yield is up. Salesforce up in earnings.