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Index funds

March

Fridays are normally quiet as fund managers head out to lunch – but not when they coincide with index changes.

$12b traded in seconds: Inside ASX’s record day

A quiet day when $20.3 billion of Australian shares changed hands? It is time to wake up.

Perennial’s head of smaller companies and micro caps, Andrew Smith, says the sector is turning the corner.

Small caps bulldozed by ETFs

Small and micro-cap stocks are meant to be the mid to large caps of the future. But a combination of structural and cyclical trends have some in the market questioning their long-term viability.

US President Donald Trump departs following a joint session of Congress.

Markets will act as the ultimate disciplinarian, says Vanguard chief

Salim Ramji is among a trio of global finance leaders urging investors to keep calm amid the chaos unleashed by the Trump presidency.

February

A decade ago, bankers used to talk up a deal’s earnings accretion. Now, it is index implications.

Chemist Warehouse the meat in the active v passive investing sandwich

Bankers used to get on the phone and talk about earnings accretion. They’ve changed their tune.

November 2024

Shoppers outside a Lululemon store at Brickell City Centre in Miami, Florida.

Index investing isn’t as passive – or profitable – as you think

How many people give thought to what is in the index, who decides what’s in the index, and how are those decisions made?

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October 2024

Gerard O’Reilly, who has a PhD in aeronautics, runs investment giant Dimensional Fund Advisors.

The inconspicuous investor in bed with Australia’s biggest super funds

Global asset managers swarm to Australia’s super system like bees to a honeypot. Few pick up mandates as big as Dimensional.

July 2024

Australia’s exchange-traded funds industry topped $200 billion in June.

Aussie ETFs top $200b as investors flood back to stocks

Strong performance from funds exposed to global equities are drawing investors and fund managers to the fast-growing local ETF market.

June 2024

Alex Vynokur is the chief executive of Betashares. Its major investors include TA Associates and, now, Singapore’s Temasek.

Singapore’s Temasek snaps up $300m stake in ETF provider Betashares

The privately owned, Sydney-headquartered firm is one of the largest local providers of exchange-traded fund products with $38 billion under management.

Qoria, Gentrack Group and Bravura Solutions will enter the S&P/ASX All Technology Index later this month.

Three ASX tech darlings that just broke into the big leagues

The little-known small cap tech stocks are set to join ranks of better-known peers after all rallying more than 100 per cent in the past 12 months.

February 2024

Regal CEO Brendan O’Connor.

Regal assets climb as hedge funds take on ETFs

Retail investor interest in Australian hedge funds has dwindled to 10-year lows, as measured by assets, but Regal and Tribeca are seeing the opposite

January 2024

Sharemarket strategists doubt rally as ASX 200 tests record.

Surging ASX creating overvaluation risks, some strategists worry

ASX records are expected to tumble, but the highest sharemarket will come at the expense of increased volatility, according to fund managers and strategists.

December 2023

Musk blasts public markets in talk with Wood

Elon Musk bemoaned the high regulatory burden faced by publicly traded companies in a wide-ranging talk with Cathie Wood.

November 2023

Passive funds are popular for a reason.

Active funds do beat passive strategies – but only in a few places

Cheap stock in placements, missing blow-ups and trading around index inclusions all help active fund managers. But it only really works outside of the big stocks.

September 2023

The ‘Aldi’ ETF that delivers an extra 0.21pc

Fees charged by funds based on the same index can make a difference to returns, which is why it’s worth taking a closer look.

July 2023

ASIC’s power duo: Sarah Court and Joe Longo.

ASIC sues ex-commissioner’s new employer

In an industry full of well-compensated chancers and spruikers, vanilla Vanguard is being sued regarding an ETF that charges a mere 0.24 per cent fee.

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The big tech stocks now make up a huge 61 per cent of the value of the Nasdaq 100.

Big tech is becoming dangerously successful for passive investors

Index providers are cutting back on Apple and other large tech companies, which are concentrating risk in a small number of stocks.

June 2023

Emma Quinn the new CEO of alternative stock exchange Cboe Australia.

Cboe’s high-tech strategy to break ASX monopoly

CEO Emma Quinn has overseen a massive technology overhaul of the alternative stock exchange and is looking at future opportunities.

This way of buying Aussie stocks is more likely to bring you winners

Sick of getting exposure to the biggest companies on the index and missing out on big gains from smaller players? This is how to avoid that over-exposure.

April 2022

A well-diversified core portfolio, aligned to your risk appetite will help spread your risk and afford you a margin of safety over the long term.

How the ‘core-satellite’ approach can help handle market volatility

A well-diversified core and satellite portfolio, aligned to your risk appetite, can help you diversify.

March 2022

Vanguard founder Jack Bogle.

Vanguard insiders are worried it’s losing Jack Bogle’s way

As the $10 trillion mutual-fund giant pivots to exclusive financial advice, diehard fans of the company’s founder fear the very soul of the company is at stake.

Original URL: https://www.afr.com/topic/index-funds-hom