InvestingInvesting InsightsInvestment Funds

Australian Persistence Scorecard – Can investment results be attributed to skill or luck?

Content provided by S&P Dow Jones Indices Genuine skill is more likely to persist, while luck is random and fleeting. Thus, one measure of skill is the consistency of a fund’s performance relative to its peers. The Persistence Scorecard measures that consistency and shows that, regardless of asset class or style focus, active management outperformance…

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Did Active Managers Find Opportunities to Outperform? Mid-End SPIVA® Australia 2022 report

Content provided by S&P Dow Jones Indices The latest Australian edition, the SPIVA Australia Mid-Year 2022 Scorecard, provides a number of interesting insights about the performance of active versus passive across active fund categories. Although the long-term performance statistics remain grim reading for fund selectors, the first half of 2022 contained some bright spots for…

InvestingInvesting InsightsInvestment Funds

Australian Persistence Scorecard – Can Active Funds Persistently Outperform?

Content provided by S&P Dow Jones Indices While comparing active funds against their respective benchmark indices is a typical practice to evaluate their performance, persistence is an additional test that can reveal fund managers’ skills in different market environments. We measure the performance persistence of active funds that outperformed their peers and benchmarks over consecutive…

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Bringing ESG Considerations to Australian Strategies

Content provided by S&P Dow Jones Indices This paper will demonstrate the potential improvements in environmental, social and governance (ESG) characteristics that are reflected in ESG benchmarks versus traditional market-capitalization-weighted benchmarks in a hypothetical group of Australian equities. We explore how various sustainability-focused indices might provide improved ESG characteristics, while maintaining comparable sectoral and country…

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Did Active Managers Find Opportunities to Outperform? Year-End SPIVA Australia 2021 report

Content provided by S&P Dow Jones Indices As the global markets started to recover, the S&P/ASX 200 gained 17.2% in 2021. Did active managers find opportunities to outperform in this market environment?  The SPIVA Australia Scorecard reports on the performance of Australian active funds against their respective benchmark indices over different time periods. In this…

InvestingInvestment FundsMarkets, Industries and Trends

Australia Persistence Scorecard: Mid-Year 2020

Content provided by S&P Dow Jones While comparing active funds against a benchmark index is a typical practice used to evaluate their performance, persistence is an additional test that reveals fund managers’ skills in different market environments. In this report, we measure the performance persistence of active funds that outperformed their peers and benchmarks over…

InvestingInvesting InsightsInvestment Funds

SPIVA® Australia Mid-Year 2020

Content provided by S&P Dow Jones Indices Market sell-offs were seen in different Australian equity market segments in the first half of 2020 due to the COVID-19 pandemic, while Australian bonds recorded a small gain. Apart from A-REIT funds, the majority of funds in all categories suffered worse drawdowns versus their respective benchmark indices. All…

InvestingInvestment Funds

The Active Versus Passive Debate in Australia – How did Australian active funds perform in 2017?

Content provided by S&P Dow Jones Indices The S&P Index Versus Active SPIVA® Australia Scorecard reports on the performance of actively managed Australian mutual funds against their respective benchmark indices over 1-, 3-, 5-, 10-, and 15-year investment horizons. There is no consistent trend in the yearly active versus index figures, but we have consistently…