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	<title>Financial Standard Comments - SPIVA report paints sad picture for active management</title>
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The latest S&P Dow Jones Indices Versus Active Funds (SPIVA) report shows that the majority of Australian active managers underperformed their respective benchmarks over five-year periods.
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	<link>https://www.financialstandard.com.au/feed/latest?story=81900200</link>
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	<language>en-AU</language>
	<copyright>Copyright 2026 Financial Standard</copyright>
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