The RDR seems to have fired the starting pistol on the race for passive – new ETFs are launched almost daily.
At first glance the evidence for passive appears compelling, with few active managers outperforming their respective indices on a consistent basis. There is a raft of academic work that shows active just...
More guidance in August Inflation Report
Long-term growth potential is key
Positive return prospects for asset class
Valuation do not provide margin for error on downside
Too early to take a stance