As if active stock pickers didn’t have enough going against them. Passive index investors have beaten the returns of the median active Australian equities fund for three years running, big super is ditching them in favour of index investing and firms are starting to close.
But now, even the collective stock pitches from the best minds at last year’s Sohn Hearts & Minds Investment Leaders Conference, which showcases some of the world’s best stock pickers, have failed to meet the mark.
Gift articles to anyone you choose each month when you subscribe.
