Mar 13, 2019 Guest(s): Joe Mazumdar Co-editor, Exploration Insights
The popularity of passive funds are causing capital to flow away from actively managed funds, particularly in the mining sector, said Joe Mazumdar, co-editor of Exploration Insights.
"A lot of the generalist money is not going into the institutional active funds, they're going more into the passive funds. Why? Because anonymity, liquidity, they all want that, and the active funds don't give them that...and the fees," Mazumdar told Kitco News on the sidelines of the Metals Investor Forum in Toronto.