Active fund managers say they’re worth their higher charges because their skillful investing beats the boring old market. Shame about the evidence…
The Investor
A rant against rants against passive investing, plus worthwhile reads from around the web.
Unbundling charges for investing in pensions and other products has theoretically improved transparency, but total costs have actually risen.
In the first of this 10-part video series, Sensible Investing lays out the charges against the active fund management industry.