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Just 30% of Asia’s sophisticated investors believe passive funds will replace active management

Only 30% of Asia’s sophisticated investors believe that passive funds will replace actively managed accounts as their core investment strategies, compared with 57% of retail customers in the region, according to a survey by fintech company Calastone. “It seems that many of our respondents think sophisticated investors need sophisticated funds,” the report explains. “If so, this finding could signal a…

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