JP Morgan Asset Management’s head of European funds Massimo Greco shares his insights on fees, Mifid II and the importance of stability in Europe.
EIE’s editor Dylan Emery invited four of the most senior fund distributors in Europe to discuss industry trends. The conversation revealed that absolute return does not only top fund selectors’ buy lists. It also dominates the agenda of asset management companies.
As retail investors are very good at misallocating their savings, the rise of execution-only is regrettable, says Massimo Greco