Are Expensive Funds Delivering Better Results?

A recent RNZ headline claimed all active fund managers underperformed over the last year — a bold statement that sparked plenty of debate across the investment world. But how accurate is that headline, and what does the underlying data actually show? In this episode, Tim Ellis and Brodie Haggerty unpack the latest SPIVA report, break down the difference between active and passive investing, and explore why so many fund managers struggle to consistently beat the market over the long term...