A similar point applies to the Darwinian pressure that indexing places on
active fund management businesses.
Not exact matches
Prior to that, he served as head of quantitative equity for ING Investment
Management, (doing
business as Voya Investment
Management May 1, 2014), building and developing the group and managing more than $ 20 billion in assets with 15 global
active, index and enhanced index strategies for pension
funds, variable annuities and mutual
funds.
In fact, it is the agile
active management and the use of these investment tools that landed two of our
funds in Investor's
Business Daily's «Weekly Review» section last week.
Swedroe goes on to describe how CIBC Wood Gundy acquired Merrill Lynch Canada's retail brokerage
business in 2001, as well as TAL Global Asset
Management, a firm that managed billions in
active funds.
Franklin Resources is almost a pure play
active management firm, with about two thirds of its
business coming from the U.S. and a primary focus on providing equity
funds (42 % of assets under
management):