active management

“In finance, everything that is agreeable is unsound and everything that is sound is disagreeable.” Winston Churchill With the S&P 500 Index enjoying a rebound of ~28%...

The last couple of months have been extremely volatile to say the least, and this has naturally presented a lot of challenges for investors. Recent years have seen...

Equity markets are always in a state of change reflecting the evolution of the economy, corporate profitability shifts and business dynamics. In some economies,...

“Performance lagging”, “clients exiting” and “funds closing” – the constant barrage of reports and articles about the demise of the active fund manager is relentless....

Australian small cap stocks have failed to live up to their potential in recent times. By definition, small cap companies are generally at an earlier stage of their...

Key insights Global emerging markets have provided very strong returns for long term investors. However, investors have to be prepared to accept higher...

The majority of microcap funds continued their good start to 2019 and the majority of managers appear to have recovered some of the losses suffered in the final...

Conventional wisdom typically holds that actively trading positions in your portfolio destroys value. Whether it’s Warren Buffett recommending a “buy-and-hold”...

We take our monthly look at the returns of Australian Microcap Funds. The majority of funds endured double-digit and drawdowns in the Dec 18 quarter. This large...