Why some instos view passive funds with suspicion

This story was adapted from a feature that originally appeared in AsianInvestor Spring 2020 edition in early March, which was published as the coronavirus was beginning to spread across the world.    Passive investing is gaining more appeal among many of Asia's leading institutional investors. But not all of them.   Some of the region's leading asset owners require need further convincing before they will invest substantial sums in funds that only track market movements.  …