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 |
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Andrew Gregory
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After 25 years, Andrew Gregory remains motivated by the impact financial advice can have on Australians' lives. As UniSuper's chief advice officer, he is not slowing down on any of his current ambitions. Matthew Wai writes.
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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?