I was forwarded a useful link showing some results of a survey into the fund management industry in the UK. Some interesting stats: https://www.fca.org.uk/publications/market-studies/asset-management-market-study I was also reading around the increasingly popular, quasi-passive approaches that aim to use simple techniques to avoid basic index tracking, yet avoid the fees associated with active management. I hadn't realised how much these fund strategies had increased in popularity in recent years. Smart beta is smarter than it looks.
