Divorce, passive management, and family offices

Not content with being trounced by the index, 90% of asset managers are producing marketing material which is routinely ignored by fund buyers, several of whom advise family offices

This year has brought relief to active managers, nearly half of whom have lately beaten the indices, brought down by setbacks for heavyweight tech stocks

Quantum computing company Quantinuum recently raised $300 million from investors led by JP Morgan Chase, who are hopeful it can deliver quantum supremacy, plus a gangbuster IPO