The fight for fund flows between active and passive management has been going on for more than a decade and of late, it seems that passive management is pulling ahead on points.
I was joined by Tom Secaur, CitiSoft's global chief operations officer, to moderate an industry roundtable at the Fixed Income Leaders Summit in Boston on this topic. We all know the trend is real, but what are the root causes, is it sustainable, and what is the outlook for the industry? These were some of the points we sought to address with a distinguished group of participants representing a diverse group of asset managers on both sides of the fight. Is active management is dead and investors should pack up and move everything to a giant indexer? The answer we got from the group and from the clients that we work with here at SimCorp is decidedly 'no.'