John Bridgeman, OFT
`This is another body blow to the financial services establishment.'
Tony Wood, Virgin Direct
`It's a sweeping generalisation. I'm surprised at the OFT.'
Steven Cameron, Scottish Equitable
`There is evidence that a proportion of active managers do consistently outperform indices.'
Julian Samways, Schroder Investment Management
`On aggregate, active managers don't really produce the sort of returns that are worth paying for.'
Alastair MacDougall, WM Company.
`I wouldn't like to count how many fund managers I've put out of business over the last 10 years.'
James Woodlock, Barclays Global InvestorsReuse content