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David Morcher recently took over the mantle
'Quietly outperforming since 2020'
Concentration efforts 'challenging'
Equity success flat
'Sustained rotation' away from US stocks
Friday Briefing
Active funds outperforming but underselling
Growth and innovation thwarted
'Shifting sands of investor sentiment'
Impact of Consumer Duty on distribution
15 October 2025
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4 min read
