1. Introduction -- 2. The impact of index design on asset management.-3. Pros and cons of Active management -- 4. Searching for market drivers: Factor investing -- 5. Hybrids increasingly blurring active/passive line -- 6. The need for a change: Sustainable finance -- 7. The next challenge: ESG...

Asset management companies have been used to address the overhang of bad debt in a country's financial system - by expediting corporate restructuring or rapidly disposing of corporate assets. A study of seven cases suggests that such companies tend to be ineffective at corporate restructuring...