While some would argue the increasing chatter about the imminent resurgence of actively managed investments has been driven by self-serving fund managers, when the Future Fund starts to talk about increasing the use of active managers for its equity allocations, people do start to sit up and take notice.

Self-managed super fund members clearly don’t have the same buying power of the Future Fund or the resources that the Future Fund is deploying to help it try and determine whether returns from equity active managers are driven by skill or luck. So, what options are available for SMSF members if they want to look at increasing their active investment exposure? And importantly, how can they assess whether it will help increase expected returns?