Passive funds are much cheaper than their active counterparts. Active funds can justify higher fees if they outperform their benchmark index, but many are failing to do so, boosting the case for passives, writes Brian Gorman

YDA Group sets a precedent in Turkey’s bonds market, demonstrating a new cause for investor confidence and the viability of longer tenor issuances

While passive investment strategies may appear more attractive in current market conditions, active strategies may still be the wisest choice