Gauge of Money Managers Plunged 29% in 2018

The transcript discusses the decline in asset management, with BlackRock faring better than peers. It explores the outlook for financials in 2019, debating active vs passive management amid market volatility. The discussion shifts to investment strategies, cash rates, and gold, considering the impact of Federal Reserve policies and political pressure on the economy.

What was the percentage decline in shares of the world's largest money manager this year?

• 45%

• 35%

• 25%

• 15%

In the context of market volatility, what is the ongoing debate in asset management?

• The effectiveness of government regulations

• The impact of global warming on investments

• The role of technology in asset management

• Active vs Passive management

Why might passive management underperform in certain markets?

• In highly regulated markets

• Because of low volatility

• Due to high liquidity

• In less liquid markets

What is a potential reason for investors to start buying gold?

• To diversify their portfolio

• As a response to rising interest rates

• Due to concerns about the dollar's stability

• To take advantage of tax benefits

What is a concern for investors regarding the Federal Reserve?

• Its influence on global warming

• Its role in setting tax policies

• Its independence from political pressure

• Its ability to regulate banks