Even after American products gathered nearly half a trillion dollars last year, mutual fund managers appear to be banking on long-standing industry barriers to stem the ETF tide across the Atlantic.
Four out of five European investors are "not concerned" about the growing popularity of these passive investing tools, according to a new Blackwater Search & Advisory poll. Nine out of 10 respondents said they "have no plans to launch ETFs anytime soon."
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95 percent of active global high-yield managers struggle to consistently add value net of fees, according to the world's fourth-largest asset manager ahead of launching a global HY index fund. However, a recent survey by consultancy Kirstein showed a vast majority of Nordic investors preferring their HY portfolios actively managed.