They also outperform most actively managed funds over time.

随着时间的推移，它们的表现也会好于大多数主动式管理基金。

A class of moneymen who once only managed funds for buccaneering, rich families now count the world's largest public pension funds and endowments as clients.

曾经为喜欢投机的富翁家族理财的金融家，现今已让世界上最大的公共养老金，基金会成为其客户。

Lombard Odier's Henk Grootveld, who manages the " Golden Age" investment fund.

朗巴德奥迪尔的亨克·格鲁特维尔，他管理着“黄金时代”投资基金。

Every week, Stuart details his progress, managing his own retirement fund in his SIPP, that's his self-invested personal pension.

Stuart 都会详细说明他的进步，在他的 SIPP 中管理他自己的退休基金，那是他自己投资的个人养老金。

They take a small fee for managing these index funds but because those funds are so popular even a small fee generates a LOT of revenue.

他们收取少量费用来管理这些指数基金，但由于这些基金非常受欢迎，即使是少量费用也能产生大量收入。

We think the rebalancing must be done and my message to the funds involved and all the firms in Bolton manage those funds.

我们认为必须进行再平衡， 我向相关基金传达的信息以及博尔顿的所有公司都管理着这些基金。

One of the founders of Pimco, Mr Gross was once known as the Bond King for managing the world's largest bond fund, which had almost $300bn in assets at its peak.

格罗斯是太平洋投资管理公司(Pimco)的创始人之一，曾因管理全球最大的债券基金而被誉为“债券天王”，该基金在巅峰时期拥有近3000亿美元资产。

So, Jonathan, for the benefit of somebody who doesn't know, listening to this podcast, how would you describe the difference between an actively managed fund and an index fund?

所以，乔纳森，为了不了解的人的利益，听这个播客， 你会如何描述主动管理基金和指数基金之间的区别？