How active are Australian equity funds?
by Leah Kelly, Portfolio Manager by Owners Advisory
“Active managers tend to be lumped together against their obvious counterparts – passive managers. S&P, for example, provides an annual update on the performance of the average active manager (usually they report that the average manager disappoints). However, not all active managers are the same – clearly. And some do add value, the difficulty is finding them when there are so many active managers to compare.”
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