Lonsec

The surge in passive investment options in recent years, along with a record of underperformance by active managers, has pushed the ongoing active-versus-passive debate to the fore. Proponents of both styles agree, though, that how each approach performs in volatility will be the key question in 2023.

Falling out of the headlines surrounding AMP this week was the low-key decision for the group to shut its Dynamic Markets Fund and ETF (former ASX code DMKT). Established in 2000 and managed exclusively by Nader Naeimi for the last five years, the strategy struggled to gain traction, and assets, due to persistent underperformance. At…

Superannuation funds have held up well despite ongoing market volatility. Members are encouraged to hold on to their current option and avoid making “knee-jerk” reactions. Members have reaped the benefits of diversification with different portfolio options performing in line with their allocation. Research house SuperRatings estimates that the median balanced option fell 8.9 per cent…