The COVID-19 pandemic may provide a much needed lifeline to the active money management industry, after more than a decade of monetary easing has tilted the scales in favour of passive investment. PIMCO’s survey of 2,500 investors in Asia Pacific with liquid assets of US$100,000 or more across five markets showed that 43% of the respondents said the pandemic had…
Have a confidential tip? Get in touch [email protected]