Are Active Fund Managers More Successful?

Financial Services Institute of Australasia
Publication Type:
Journal Article
JASSA, 2003, Autumn pp. 2 - 6
Issue Date:
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Australian investment managers are significant participants within the financial services sector. According to the Australian Bureau of Statistics, the size of the Australian investment management industry was in excess of $A6SS billion at 31 March 2002. Considering that the Australian equities component of aggregate assets continues to be the most significant individual asset class within diversified multi-sector portfolios, the importance of the domestic shares sector cannot be understated.
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