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A veto on inducements paid by product manufacturers to financial advisers had been expected this month
Asset manager says about 40% of new clients last year were younger investors
Passively managed inflows have masked the extent of damage to the industry as a whole
Survey of 60 global providers reveals companies are responding to regulatory pressure as well as investor demand
Some analysts argue that active managers have much greater capacity to do good because they can sell their holdings
Investment consultant’s advice comes as research signals rise of passive in Europe is slowing down
Client demand prompts managers to embrace responsible investing techniques
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