Schroders aims for best of both worlds in active vs passive

JPM, HSBC and Schroders among first big groups to look to low-cost active fund space.

In March, Schroders launched a UK Core fund, the first in a suite of low cost actively-managed products for Richard Buxton’s UK equity team. The group said the fund is designed to offer investors a lower-risk, transparent alternative to passive investing. The launch came after J.P. Morgan rolled out a UK Active Index Plus fund in January in response to competitively priced passive and exchange-traded funds. With HSBC also saying it plans to launch similar products in future, this type of fund looks set to grab a larger chunk of market share.   Here the co-managers of the Schro...