Senior figures see bright future for active houses
There is potential upside in equities, while the rise in passive investing is creating a bigger elephant for active managers to shoot at, say Bill Maldonado of HSBC and Oliver Bolitho of Goldman.
The future is looking a lot brighter for active managers, given potential upside in the equity market and increased opportunity to target inefficiencies amid a global rise in passive investing.
Speaking yesterday in a panel discussion at AsianInvestor’s conference The Art of Asset Management, Bill Maldonado, Asia-Pacific CIO of HSBC Global Asset Management, voiced his expectation that the next two years could be very positive for the equities market.
He noted it was “mathematica…
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