The “huge” market-cap bias towards the top 30 Australian stocks in the ASX 200 makes it hard for long-only fund managers to outperform the index, says Tribeca Investment Partners.
Speaking to InvestorDaily, Tribeca Investment Partners portfolio manager Sean Fenton said long-only Australian equity funds tend to be limited by the realities of the Australian market.
The views expressed are her own and do not consider the circumstances of any investor.
