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	<title>Financial Standard Comments - Investing by 2020</title>
	<description>Fund managers struggling to deliver pure alpha now will have an even tougher time by 2020 as new technologies and competition transform what is considered alpha today to beta tomorrow, said Harry Liem, senior associate at Mercer's investment consulting.</description>
	<link>https://www.financialstandard.com.au/feed/latest?story=12686</link>
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	<language>en-AU</language>
	<copyright>Copyright 2026 Financial Standard</copyright>
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