With the exception of funds tracking the US and UK mid caps, no passive funds have been able to generate first or second quartile performance in their respective sectors over the past 10 years, according to research from Chase de Vere.
The US equities rally has been given a fresh boost this year by continuing earnings upgrades and a weakening dollar, but Europe’s investors are not buying it.
Volatility in US equity markets plummeted to its lowest level in almost 50 years on Monday.
The US could be on track to hike interest rates by the end of the year after fresh employment data revealed a steady picture for wages and jobs.
Frontier market equities saw the largest net inflows for a very long time in June, suggesting the interest in developing economies’ stock markets is broadening.
The UK interest rate will remain at historic lows of 0.25%, the Bank of England confirmed on Thursday afternoon.
The financial health of FTSE 100 companies is at “significant risk” from the escalating liabilities of their pension schemes, a report has found.
A policy reversal at the Bank of England is imminent and could prompt it to sell its £10bn hoard of corporate bonds back to the market, M&G’s Richard Woolnough has said.
Most active US equity funds struggle to ever outperform their benchmark, but this year the secret to outperformance has been surprisingly straightforward.
Inflows to European-domiciled funds hit a record high in the first half of 2017 at the expense of their struggling US counterparts, according to the latest data from Morningstar.
Two asset managers have warned that bond investors, particularly those in passive vehicles, are too exposed to duration risk without realising it.
The US equity market hit new highs, but bond yields are expected to fall after the US Federal Reserve voted to keep rates on hold at its latest meeting.
