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SPIVA report paints sad picture for active management

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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Read more: FundsS&P Dow Jones Indices VersusASX Mid-Small IndexASX Australian Fixed InterestEx-Australia LargeMidCap IndexSPIVA Scorecard