Blackrock & Vanguard have trillions of dollars FUM worldwide.
Very little of it is "actively managed", IMHO.
Management fees % lower.
Mostly ETF's where zero fund managers/analysts are needed as it is quant-based - % of indexes only.
If you are saying that PPT should consider ETF's as a product category, I agree.
A bit like Qantas & Jetstar - Same owner but very different products with diff mgt fee % and cost structures.
PPT in Australian, page-16
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Last
$18.57 |
Change
0.020(0.11%) |
Mkt cap ! $2.122B | |||
| Open | High | Low | Value | Volume |
| $18.61 | $18.80 | $18.43 | $4.511M | 242.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1253 | $18.57 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.69 | 1278 | 1 |
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| Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
| PPT (ASX) Chart |