Tough markets hit active asset managers striving for turnarounds

Some active managers have none of the luck.

Tough markets hit active asset managers. | Photo: Thomas Borberg

They shook up senior teams, swapped out their bosses and merged to build scale. But their efforts to overcome the years long erosion of assets and profit as investors shift from actively managed funds into cheaper, index-tracking products just took another blow.

The latest round of earnings reports offer a bruising read. Rising inflation, Vladimir Putin’s war in Ukraine and fears of a looming recession have dented investment performance, prompting investors to yank yet more assets.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from AMWatch

Pensions sector responds to "unnuanced" carbon report

In a new report, NGO Mellemfolkeligt Samvirke criticized the pension sector for its DKK 22bn investments in fossil fuel expansion. An industry organization has now responded, saying the report ignores the complicated nature of the issue.

Further reading

Related articles

Latest news

Watch job

See all jobs

See all jobs

Latest news from FinansWatch (dk)

Latest news from EnergyWatch

Latest news from ShippingWatch