Forum Archive Index - January 2002

["andrew cottingham" <arco@adinfinitum.co.nz>]

Interesting article on SMH re fund mangers performances

http://www.smh.com.au/news/0201/10/biztech/biztech10.html

 

Funds can't match cash rate

The median return for funds managers' growth portfolios - which contain a mix of assets including shares, property, cash and bonds - fell to 3.8 per cent in the last calendar year, according to asset allocation consultants Intech. It was the weakest performance since the industry made a negative return of 5.8 per cent in 1994, and is less than the 5.2 per cent fund managers would have earned just by holding cash.