NEWCREST AFFAIR PUTS SPOTLIGHT ON MURKY WORLD OF INVESTOR RELATIONS
The AFR reports on an academic paper entitled “Alpha Generation in Portfolio Management: Long-run Australian Equity Fund Evidence” which was published last August. One of its authors is Professor David Gallagher from the Macquarie Graduate School of Management, and a CMCRC research leader in wealth management. In the article, he explains several conclusions that can be drawn from the research about the behavior of Australian fund mangers.
Source: Australian Financial Review
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