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Australia's active managers lose ground as Vanguard moves into pension market

As a new performance study confirms the persistent variability of active fund managers' results, a global index fund giant is making a move into Australia's superannuation market.
Australia's active managers lose ground as Vanguard moves into pension market

Active fund managers are facing intense pressure to perform and to lower their fees as investing institutions' increasingly look to passive alternatives and take some portfolios in-house.

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