Wealth and Asset Management
Asset Managers Change Direction as Index Funds Break Out
The majority of asset managers are trailing the S&P 500 thus far in 2016. A big reason for that underperformance is the emergence of passively managed, or index, funds. Sam Yildirim, PwC U.S. asset management M&A leader, explains. 'The shifting of assets in the industry presents question marks as to…
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