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1.Market Observations, 8.Was Sticky

25 Sept 2019 (AFR) – Why investors are shunning active and chasing passive

(25 September 2019, AFR, p31, William McInnes, Reporter)

‘Active managers have struggled with fund flows this year as investors opt out into cheaper passive funds. The local sharemarket has gained more than 20 per cent since the start of the year, a performance many active managers have struggled to match. Even including the drawdown in the final quarter of last year, the market has returned close to 10 per cent to investors over the last 12 months. ‘

Read more at AFR.com (might need AFR login access, or try: AFR.com/trial)

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