A short listen. 

Rob Gleeson, head of research at FE, talks me through his concerns about an industry wide lack of due diligence when investing in passives funds.

While active managers and fund groups should always have investors at the heart of what they do, Rob stresses that the structure of index providers can mean that outcomes are not always aligned with their clients.

Rob also ponders the “secret ingredient” to fund managers becoming household names in the retail investment world, as well as touching on concentration risk when it comes to the industry’s reliance on a small number of popular funds.