Financial Times FT.com

Steep losses fuel growth of passive investing

By Marianna Lemann

Published: October 4 2009 10:07 | Last updated: October 4 2009 10:07

The long-running debate over active versus passive management has emerged in the target date fund market, where a number of active managers are turning to passive strategies.

Most notably, Fidelity Investments, the number one provider of target date funds in the US by assets, recently disclosed in regulatory filings that it is planning to offer an index fund version of its target date series, known as the Freedom Funds.

You have viewed your allowance of free articles. If you wish to view more, click the button below.

Read this