Opinion
Passive trumped active in Australian large caps
Nearly 60 per cent of actively managed large-cap Australian equity funds underperformed the S&P/ASX 200 Index in 2022.
Duncan BurnsContributorIt’s now 25 years since the first retail index investment fund was launched in Australia.
Indexing didn’t grab a lot of attention back then, which is kind of hard to fathom given its prominence today and the improvements indexing has made to the investment outcomes for millions of Australian investors.
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