Australian banks

Investment Strategy

Active managers flourish in near ideal conditions

Jana Advisers has seen three quarter of its recommended active equity managers outperform against their benchmarks over the past year. Steven Carew, head of research at the firm, says the success rate of 75-80 per cent is attributable to near ideal conditions for stock pickers. “The dispersion between and within markets is quite wide so […]
Hedge Funds

UniSuper: in defiance of accepted thinking

Mention any asset class to John Pearce and he will doggedly set out the good and bad thinking around it. A common source of his ire is the sight of investors herding around a belief based on a lack of rigorous thinking. Good practice for him involves standing up to accepted thinking or at the […]