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Fund selectors lean towards active fund strategies amid returns downgrade

Globally, fund selectors are increasingly favouring actively managed solutions given downgraded long-term fund returns, according to Natixis Investment Managers. A recent survey conducted by the asset manager found that fund buyers, on average, have lowered their long-term return expectations from 8.4% in 2018 to 7.7% in 2019, citing greater volatility in equities, trade disputes, and higher interest rates as the…

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