Original article by James Frost
The Australian Financial Review – Page: 1 & 8 : 26-Apr-17

Data from S&P Dow Jones Indices shows that more than 75 per cent of Australia’s actively-managed large-cap equity funds failed to match the performance of their benchmark index in 2016. Independent Asset Management and Hyperion Asset Management are among the active fund managers to have underperformed in recent years, as investors have increasingly embraced passively-managed index funds.

CORPORATES
S&P DOW JONES INDICES LLP, INDEPENDENT ASSET MANAGEMENT PTY LTD, HYPERION ASSET MANAGEMENT LIMITED, HYPERION AUSTRALIAN GROWTH COMPANIES FUND, MERCER INVESTMENTS PTY LTD, UNITED STATES. EXECUTIVE OFFICE OF THE PRESIDENT, STANDARD AND POOR’S ASX 200 ACCUMULATION INDEX, STANDARD AND POOR’S ASX 300 ACCUMULATION INDEX