Who killed active fund management? Janet Yellen, Mario Draghi and Mark Carney - and they did it with kindness. But it might be due a revival.
Karen McQuiston, Harsh Parikh and Sujian Zhi have the numbers to prove it. The trio, who work for Prudential Global Investment Management, known as PGIM, have penned a paper looking at what kinds of markets suit active fund management, and which don't.