Detlef Glow, head of EMEA research at Thomson Reuters Lipper, has said active managers need to start proving performance comparisons wrong by delivering outperformance instead of "moaning" about the risks of ETFs.
In a research note, Glow (pictured) said he could understand the reason behind investors moving away from active management following the performance of the average active manager over the past 20 years....
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Expanding European strategy
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