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Ben Smythe

Stock pickers at near record levels of underperformance

More than 75 per cent of all Australian large-cap equity fund managers underperformed the ASX200 benchmark for 2023.

If only predicting the future when it comes to investment markets was as easy as forecasters lead us to believe.

The latest round of predictions continues to revolve around when interest rates will be cut, with self-managed superannuation fund investors trying to time when cuts will actually kick in.

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Ben Smythe is a partner and principal adviser of Minchin Moore Private Wealth.

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    Original URL: https://www.afr.com/wealth/personal-finance/stock-pickers-at-near-record-levels-of-underperformance-20240321-p5feb0