An increasingly process-driven world..

PM Capital

PM Capital

Paul Moore, CIO at PM CAPITAL believes that “three quarters of so-called active managers are now ‘closet indexers’ in an investment world that has become increasingly process-driven”. Speaking at a lunch in Sydney yesterday, Moore further detailed that the high level of indexing and ETFs may be contributing to the recent period of volatility. Full article from Investor Daily here: (VIEW LINK)

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