CompaniesChanticleerChanticleerHow the passive boom gave ASX loudmouths a megaphoneA decade ago, an active fund manager that spoke for 2 per cent or 3 per cent of a company would not be a top-five investor. Now, they have seats in the front row.The irony in the decline in active Australian equities is that the fewer voices there are out there, the louder they get.A decade ago, an active fund manager that spoke for 2 per cent or 3 per cent of a company would not be a top-five investor and would struggle to be in the top 10. They were irrelevant in important shareholder votes.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Latest In Financial servicesFetching latest articles
How the passive boom gave ASX loudmouths a megaphone
A decade ago, an active fund manager that spoke for 2 per cent or 3 per cent of a company would not be a top-five investor. Now, they have front-row seats.
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