The State of Active, Passive and Quantitative Investing: where are we coming from and going to?

Active vs passive investing seems like an old debate, but what's the current state and future outlook? In the US in 2023, passive fund assets surpassed active fund assets for the first time. Will South Africa follow this trend, and what will the effects be? With ETFs booming globally, will traditional unit trusts decline or disappear in South Africa? We'll also look at quantitative strategies, which mix elements of both active and passive investing, and their future role in our market. Lastly, the panel will discuss two big questions: "How much active management is needed for efficient price discovery?" and "Could too much passive investing cause market risks or create opportunities?"