Active equity managers underwhelm in 2025: SPIVABY KARREN VERGARA | TUESDAY, 17 MAR 2026 12:33PMWhile 2025 was ripe for stock picking and active fund managers thanks to dispersion widening, according to the latest SPIVA Scorecard, the majority still failed to beat the benchmark. Related News |
Editor's Choice
Mulino opens CSLR special levy consultation
|Minister for financial services Daniel Mulino has launched a consultation into the CSLR seeking feedback around the distributions of the 2026-27 special levy.
Equity Trustees pushes bidders for better price
|Equity Trustees' parent company EQT Holdings' board confirmed it is engaging with its two bidders - TPG Global and BGH Capital - and has pushed for an improved offer from both.
FAAA flags gaps in discretionary trusts tax reforms, deficient framework
|Under the proposed minimum tax on discretionary trust reforms, the Financial Advice Association Australia (FAAA) highlighted concerns over trustees potentially being forced to make "major and largely irreversible decisions" before the rules and guidance have been finalised.
Intergenerational Report looks to AI to buoy productivity slump
|Australia's economy will continue to stagnate over the next 40 years, growing at just 2% annually, according to the latest Intergenerational Report (IGR), which points to the artificial intelligence (AI) revolution to buoy sagging productivity.
Further Reading
Products
Featured Profile

Rachel Alembakis
STEWARDSHIP MANAGER
UNITING ETHICAL INVESTORS LIMITED
UNITING ETHICAL INVESTORS LIMITED
As a highly respected journalist, Rachel Alembakis helped push sustainable investing on the agenda long before it was mainstream. Now, she's stepped into the arena to shape the industry from within. Karren Vergara writes.







Peak active management was in 2010, just before all the data came in confirming that active management is nothing more than voodoo magic. Name a single other product or service that has systematically failed to fulfil its stated objective. If the flood of passive money is distorting valuations, why aren't active managers killing it?