Henderson Investment Trusts has commissioned a guide extolling the virtues of active fund management.
The guide, written by personal finance journalist Simon Hildrey, highlights the importance of good stock-picking and offers tips on how to spot whether a manager is really a just closet index tracker.
Hildrey says: “The past year has seen markets fall back on an upward trend. As a result, more private investors are feeling comfortable about equity investment. The challenge for investors now is to sort the good from the mediocre.”