Firm’s struggles illustrate challenge for active managers amid low-cost competition from indexing and ETFs
Related stories
U.S. clears path for first regulated equity perpetual futures
Keeping mortgage interest relief approved
Seven aircraft grounded in Europe after bomb threats
The Texas governor’s race might be a make-or-break contest for a wobbling AI trade
Trump says US will end military aid to Israel by end of the year
Asda hires ex-Morrisons boss in bid to grow firm