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The passive versus active debate rages on, but it turns out that active management is worth something after all: 16 basis points per year, to be exact.
When it comes to the question of who’s actually doing the research work, investors know the answer. And they don’t feel like sitting on the sidelines during a crisis. Some trends you can see from space. Inflows into ESG equity funds on the Calastone network between January and November were US$30 billion – 60 per…