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One Part Of Funds Market Where Cash Rushes To Human Managers

TedTed
in The Bullpen
FYI: Plenty of investors are still willing to pay extra to have humans look after their wealth.

Just ask Garth Taljard, who runs 50 multi-asset funds for Schroders Plc, the U.K.’s biggest asset manager. As mutual funds lost more than $300 billion in the U.S. since 2014 amid the rush into cheaper passive funds that mimic indexes, he was hiring to keep up with demand that doubled over five years.
Regards,
Ted
https://www.bloomberg.com/news/articles/2017-03-27/one-part-of-funds-market-where-money-still-chases-human-managers
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