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August 17 2019

Active fund managers have had a year to forget (The Aust 17/08/19)

Hamilton Wealth News

In the year ended June 30, 2019, we have seen 83 per cent of active fund managers under perform their benchmark — some quite dramatically so.

Why have we seen such under performance in an industry which charges fees to manage more than 500 strategies (many managers have multiple branded strategies), against an index with 200 stocks?

 

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