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Australian share funds enjoy rare outperformance

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Most Australian actively managed equity funds beat the market in the financial year that ended on June 30, in a rare stretch of outperformance that runs counter to long-term trends.

In total, 55.7 per cent of Australian active equity funds outpaced the S&P/ASX 200 benchmark, according to the SPIVA scorecard data from S&P Dow Jones Indices that tracks the performance of actively managed funds around the world.

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Richard Henderson is a markets reporter based in our Melbourne newsroom. Connect with Richard on Twitter. Email Richard at richard.henderson@afr.com.au

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    Original URL: https://www.afr.com/link/follow-20180101-p58pl2