It has, to put it mildly, been a good year for passive investment funds that track a broad market index like the FTSE 100, writes Campbell Fleming, global head of distribution at Aberdeen Standard Investments.
Much of it has been at the expense of their active peers which try to seek out undervalued investments. Almost $500bn has moved from the latter to the former so far this year. This keeps up a trend...
Held roles at BlackRock and Merrill Lynch
Investors paying as much as 80% more than OCF
Concerned about performance scenarios
Supporting troubled stocks
Has been closely aligning the businesses