Closet tracker scandal: Are schemes getting what they pay for?

clock • 4 min read

Pension funds may be sitting on valuable claims if it can be proven that active management would have led to higher returns compared to a tracker fund, write Simon Bushell and Daniel Spendlove

The traditional role of an asset manager appears uncontroversial: they handle their clients' investments, manage them effectively and make appropriate recommendations. To do this, they use their ju...

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