Rates rise headwinds signals shift from passive to active management

It’s the age-old conundrum: as an investor do you take a hands-on approach – often throwing money at investment managers – to actively seek out alpha or do you take a passive approach by buying index and other mutual funds? In the case of Australia’s Future Fund, until now a largely passive management strategy has been all it’s taken to propel it past the $A200 billion mark for the first time since the sovereign wealth fund was launched in 2006. However, at a media briefing last…