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Majority of active managers underperforming: S&P

The majority of active Australian fund managers underperformed their relevant indices in FY16, according to the Mid-Year 2016 S&P Dow Jones Indices Versus Active Funds (SPIVA) Australia Scorecard.

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Read more: Majority ofS&P Dow Jones Indices VersusASX Mid-Small IndexFunds Australia ScorecardASX Australian Fixed InterestEx-Australia LargeMidCap IndexPerformance ofSPIVA Scorecard