Active Fund Managers Target 9% Annual Growth
While the growth of passive ETFs has forced active fund managers to work harder for business, they are still expecting to reach 9% annualized growth over the next five years, according to Ernst & Young’s 2014 Global Regulated Funds Survey.
“Many managers also see ‘solutions-based’ products (absolute return strategies, lifestyle products and guaranteed capital products), with a clear focus on client expectations and . . .
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