Why pay active fees for passive-lite strategy?
Many active fund managers are hugging the index to protect their reputations.
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Rich List
There is a silent war going on for your money in the funds management industry between the active managers, who supposedly carefully select winning shares, and passive fund managers, who use an algorithm to buy shares normally in proportion to their percentage weighting in the market/index.
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Why pay active fees for passive-lite strategy?
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