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  "docSlug": "e36c3b199ae0aea1b82db54306a5b651",
  "documentTitle": "Apollo Global Management | Investor Presentation Deck | 60 slides",
  "authorId": "apollo-global-management",
  "authorName": "Apollo Global Management",
  "documentKindSlug": "pitchdeck",
  "documentKindLabel": "Pitch deck",
  "sourceTypeSlug": "investor_relations",
  "sourceTypeLabel": "Investor relations",
  "presentationDate": "2023-03-01 00:00:00",
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  "pageNumber": 13,
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  "density": "balanced",
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  "notes": "The slide uses two charts to demonstrate the decline of active management: a bar chart showing increasing underperformance over time and a line chart showing the divergence in fund flows.",
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  "components": [
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      "kind": "chart",
      "text": "Equity Market Underperformance: % Managers Underperforming S&P 500 Index",
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      "kind": "chart",
      "text": "Cumulative Fund Flows ($TRN)",
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      "kind": "source-note",
      "text": "Sources: Active vs. passive investment performance: Forbes, November 19, 2021; fund flows: Bloomberg, Apollo Chief Economist.",
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      "kind": "title",
      "text": "Public Fixed Income and Equities Have Become Beta",
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