Schroders CEO: Why the debate over active versus passive is now dead

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While passive investing has boomed over the past 25 years, recent market volatility and index concentration risk are among factors that have prompted investors to consider increasing their allocation to active strategiesPhoto: Alamy Stock Photo

Richard Oldfield is group chief executive of Schroders

Where is the familiar scepticism toward active management? Weren’t active investment strategies, especially in liquid markets like the US, supposed to be facing extinction?