Retail investment is undergoing a shift away from managed equity funds and towards index tracking passive funds and exchange-traded funds. Passive funds charge their clients lower fees than managed funds, mainly due to the simplicity of their operations, the buying power they can exert on their brokers and the lack of the requirement for brokers to provide research offerings. By focusing on following their indices and reducing commissions for re-balancing trades, passive funds are becoming increasingly attractive investments.
GreySpark Highlights 'Prevention Is Better Than Cure' Recent events have amply demonstrated the continuing need for rigorous testing and quality assurance processes within financial institutions. Current IT implementation issues affecting...Read More