Complex sentence: Though it talks of its long term success in generating returns, the fact that its moved closer to the index and manages most of its funds through external third party fund managers shows that its tolerance for risk taking is greatly diminished over the years.
Split into simpler sentences: Though it talks of its long term success in generating returns, the fact that its moved closer to the index and manages most of its funds through external third party fund managers. Its tolerance for risk taking is greatly diminished over the years.