Tag Archives | outperformance

SPIVA survey data

Six investment lessons from 15 years of data

S&P’s SPIVA (index versus active) data now spans 15 years of data on the performance of Australian managed funds. This study illuminates returns from sectors and styles, and investment lessons learned from it.

alpha beta

The biggest rort of all

Market performance and outperformance can come from many sources, but the main thing to watch for is that you’re not paying high ‘alpha’ fees simply to achieve market ‘beta’ returns.

competing for alpha

Competing for alpha

The term ‘alpha’ may be financial jargon, but for fund managers, it’s the highly sought-after prize for successful active management that justifies fees charged. But how do you select a good manager?

Outperformance: unique skill or free gift?

The ability of active fund managers to produce outperformance is generally attributed to a unique skill set. However, there are proven contributors to performance which are persistent and systematic, not manager skill.

Register for our free weekly newsletter

New registrations receive free copies of our special investment ebooks.