The scars of the global financial crisis may still run deep and many don’t know who to trust

Investor attitudes on markets and the business of investing

After a decade of extremes, a majority of investors across the globe report they feel financially secure and focused on achieving long-term financial goals, but a deeper look at sentiment reveals that the scars of the global financial crisis may still run deep and many don’t know who to trust.

[timeless]

Some see that passive investments like index funds can offer market exposure at a lower fee and assume greater risk management and diversification benefits than these products can actually deliver. Others may see closet trackers in the market who charge an active management fee for what is essentially a benchmark-hugging portfolio and make erroneous assumptions about all active managers. And many struggle to...