'Currently, the best form of risk control is to eschew risk'

As the industry evolves and grows, there will be multiple opportunities and challenges that come up, whether they are direct plans or the increased conversation around passive funds. We see direct plans being adopted by the savvy investor but still believe that the vast majority will ideally use advisors to help their fund selection. On passive funds, firstly, our aim as active fund managers must be to ensure we generate the alpha that justifies the higher TER, which is our primary focus now. Our secondary aim will be to add passive funds to our produc

This article was originally published on December 18, 2019.