This note explores the cyclical nature of passive and active performance and highlights the potential for active managers to benefit from a turn in the tide, as valuation returns to prominence. It also takes a look at how the rise in demand for ESG investing is contributing to restoring the balance between active and passive investing.
Please note, the value of the fund's assets will go down as well as up. This will cause the value of your investment to fall as well as rise and you may get back less than you originally invested.
Read the full note