Active Aussie equity managers stumble badly

The 2018/19 financial year was a particularly difficult one for active Australian equity managers, with fewer than 10 per cent of them able to beat the market index. Fund managers had to contend with the big December quarter sell-off, only…

Active managers get their noses in front of the index

The median return of Australian share fund managers beat the S&P/ASX 300 Accumulation Index over the 12 months to the end of March by 2.1 per cent, according to the latest Mercer fund performance survey. The survey was based on…

Passive wins another round against active management

The majority of Australian active funds in most categories failed to beat their benchmarks in the 2016/17 financial year, continuing a trend that has sent a flood of money into low-cost passive portfolios. The S&P Dow Jones SPIVA Australia Scorecard…

Fund manager fees tumble

Earlier this month, fund manager Winton Capital Management cut the fees it charges to manage its Winton Global Alpha Fund. It is the latest in a growing list of managers to cut fees over the past 12 months and every…