Alpha FMC: 'Some may lose heads over active/passive debate'

Global head of distribution Neil Curham cautioned the active/passive debate "may cause some to lose their heads", adding that active managers must be prepared to change to accommodate low-cost/passive competitors in the market. "There is still place for active managers who can demonstrate a clear, specialist and value-for-money active proposition," Curham said. JPMAM expands ETF range with quadruple launch "Managers must act to clearly differentiate their active offerings and accommodate their passive products. To do this firms must differentiate themselves and establish separate i...