Active management can result in periods of inconsistent performance across time. It seems as though the 2022 financial year might be an outlier for active management in global equities. We’ve analysed some of the reasons behind this cyclicality.
Global equities performance
18/05/2022December 14th, 2022
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2025
- Tuesday, April 22 Frontier snapshot as at 31 March 2025
- Thursday, April 3 March 2025 – Market Update
- Thursday, March 20 Team movements
- Friday, March 14 February 2025 – Market Snapshot
- Thursday, March 13 February 2025 – Market Update
- Wednesday, March 12 COP29 – key takeaways
- Wednesday, March 12 Climate change risk management in liability-driven portfolios
- Wednesday, March 12 Active management outcomes in the 2024 calendar year
- Wednesday, March 12 Australian healthcare in real estate portfolios (Part one)
- Wednesday, March 12 Impact investing fundamentals (Part three)
- Friday, March 7 Female leadership Frontier-style
- Thursday, February 27 Market concentration and macro headwinds challenge global active managers in 2024
- Thursday, February 13 January 2025 – Market Snapshot
- Friday, February 7 January 2025 market update
- Thursday, February 6 Real assets head joins Frontier
- Wednesday, January 29 December 2024 – Market Snapshot
- Tuesday, December 17 Market snapshot November 2024
- Tuesday, December 17 December 2024 market update
- Wednesday, December 11 Responsible Investment Client Report
- Tuesday, December 10 The role of US property debt in your property portfolio
- Monday, December 9 Facing the climate change Rubicon
- Monday, December 9 2024 PRI in Person: Key lessons and observations
- Monday, December 9 Accessing private markets through evergreen funds
- Monday, December 9 Impact investing fundamentals (Part two)
- Wednesday, December 4 World on the brink – Growth headwinds, geopolitical tensions and climate crisis
- Wednesday, December 4 November 2024 market update
- Thursday, November 28 Frontier boosts markets capability
- Tuesday, November 12 October 2024 market update
- Thursday, November 7 Frontier performance
- Thursday, November 7 Frontier research
- Thursday, November 7 Frontier publications
- Thursday, November 7 Staff changes at Frontier
- Thursday, November 7 Frontier snapshot as at 30 September 2024
- Wednesday, October 23 Unpacking the recent Chinese stimulus
- Wednesday, October 23 ESG ratings – different strokes
- Wednesday, October 23 ESG manager assessment update
- Wednesday, October 23 Impact investing fundamentals (Part one)
- Wednesday, October 23 The rise of the machines 2.0
- Wednesday, October 23 Opportunities in natural real assets
- Wednesday, October 23 Perspectives from Europe – Equities (Part two)
- Friday, October 18 Meet Charlie Hurst
- Friday, October 18 Meet James Damicoucas
- Friday, October 18 Meet Mahalia Hope
- Friday, October 18 Meet Kim Bowater
- Friday, October 18 September 2024 market update
- Monday, September 9 August 2024 market update
- Friday, September 6 2024 YFYS results – pass/fail
- Thursday, August 22 Active management outcomes in the 2024 financial year
- Thursday, August 22 Infrastructure research trip observations: The green industrial revolution
- Thursday, August 22 Australian housing market update
- Thursday, August 22 Perspectives from Europe – Equities (Part one)
- Thursday, August 22 A sophisticated approach to stress testing
- Wednesday, August 21 Responsible investment issues for universities
- Monday, August 5 July 2024 market update
- Tuesday, July 30 Frontier retainer clients
- Tuesday, July 30 Frontier snapshot as at 30 June 2024
- Monday, July 8 June 2024 market update
- Wednesday, May 29 May 2024 market update
- Thursday, May 23 Frontier Partners Platform manager research solutions
- Thursday, May 9 Frontier boosts consulting ranks
- Thursday, May 2 Investment Consultant
- Tuesday, April 30 Frontier snapshot as at 31 March 2024
- Tuesday, April 30 Navigating the complexities of investment governance
- Tuesday, April 23 April 2024 market update
- Tuesday, April 23 Portfolio construction in concentrated markets
- Tuesday, April 23 Australian Government Insurers FY23 report
- Tuesday, April 23 Superannuation YFYS performance test consultation
- Tuesday, April 23 Superannuation in retirement
- Thursday, April 4 Frontier promotions
- Thursday, March 28 Frontier adds four
- Tuesday, March 26 Manager fee collection
- Thursday, March 21 March 2024 market update
- Thursday, February 22 Active management outcomes in equity markets over the 2023 calendar year
- Thursday, February 22 Stronger investment returns for insurers
- Tuesday, February 20 February 2024 market update
- Friday, February 2 Frontier grows by two more to start the year
- Tuesday, January 30 January 2024 market update
- Thursday, December 21 The Australian Ballet appoints Frontier Advisors
- Thursday, December 14 COP28 wrap up
- Thursday, December 14 The Australian office sector
- Wednesday, December 13 December 2023 market update
- Wednesday, November 29 Meet Paul Newfield
- Wednesday, November 29 Meet Anthony Luxford
- Wednesday, November 29 Meet Melanie Fernando
- Wednesday, November 29 Meet Julie Wu
- Wednesday, November 29 Meet Cathryn Goh
- Thursday, November 23 Meet Isabella Milazzo
- Thursday, November 23 Frontier restructures, promotes and looks for the next generation
- Thursday, November 23 Responsible Investment – Japan study tour
- Thursday, November 23 System scan of digital infrastructure
- Thursday, November 23 November 2023 market update
- Thursday, November 23 Investment opportunities – Cat bonds
- Thursday, November 2 October, the bogey month for market stress?
- Wednesday, November 1 Frontier snapshot as at 30 September 2023
- Tuesday, October 24 October 2023 market update
- Tuesday, October 24 Spending policies and investment strategy
- Tuesday, October 24 Retirement wage
- Tuesday, October 24 Build-to-rent: Australian market insights
- Friday, October 20 What fund managers (and consultants) really think
- Friday, October 20 Ten years of our annual manager survey
- Thursday, October 12 Three new starters
- Thursday, September 21 September 2023 market update
- Thursday, September 21 Mandatory climate reporting
- Thursday, September 21 Manager Dialogue 2023
- Thursday, September 21 Why asset owners need to strengthen oversight of internal funds management
- Wednesday, September 13 Frontier expands SA footprint in wealth advisory collaboration
- Thursday, August 24 Retirement incomes progress – the regulators’ review
- Thursday, August 24 The updated Prudential Practice Guide SPG 530 Investment Governance
- Thursday, August 24 Superannuation performance for the 2023 financial year
- Thursday, August 24 Global monetary policy
- Thursday, August 24 A comprehensive analysis of the costs and benefits of multi-strategy hedge funds
- Thursday, August 24 Active management outcomes in the 2023 financial year
- Thursday, August 24 August 2023 market update
- Tuesday, August 15 Two new appointments
- Tuesday, July 25 Unlisted asset valuations – ensuring fairness and equity
- Monday, July 24 Private debt – value improving in global senior direct lending
- Monday, July 24 Non-normal distribution assumptions: skew and kurtosis
- Monday, July 24 July 2023 market update
- Monday, July 24 Perspectives from the US – Equities
- Monday, July 24 Future allocations of long tail insurers
- Wednesday, July 5 Frontier perspective on unlisted valuations
- Thursday, June 29 June 2023 market update
- Thursday, June 29 Megatrends reshaping real estate
- Tuesday, June 20 Risk Surface
- Thursday, May 25 The governance of unlisted investment valuations
- Thursday, May 25 Asset allocation for liability aware investors
- Thursday, May 25 US property debt: a challenging landscape
- Thursday, May 25 Sustaining Frontier’s research momentum
- Wednesday, May 24 May 2023 market update
- Wednesday, May 24 Update on modelling US inflation
- Wednesday, May 24 Super Performance Test Regulations 2023
- Tuesday, May 2 Frontier snapshot as at 31 March 2023
- Monday, May 1 Regulatory update SPG 530
- Thursday, April 20 Meet Marie Cardaci
- Thursday, April 20 Meet Jill Guan
- Thursday, April 20 Meet Mahad Dirie
- Thursday, April 20 Peer Comparison for insurers
- Thursday, April 20 Meet Brad Purkis
- Wednesday, April 19 Meeting the regulatory challenge – superannuation
- Wednesday, April 19 Superannuation performance CY22
- Wednesday, April 19 Frontier Advisors’ Partners Platform update
- Wednesday, April 19 Global capital securities – it’s the little differences
- Wednesday, April 19 April 2023 market update
- Monday, April 17 We’re first, for the eighth consecutive year!
- Monday, March 27 March 2023 market update
- Monday, March 27 New PHI Capital Framework
- Monday, March 27 Active ownership’s role in decarbonisation
- Monday, March 27 The ‘new’ state of distressed and opportunistic credit
- Monday, March 27 Decarbonisation in portfolio construction
- Wednesday, March 22 Frontier adds capital markets capability
- Thursday, February 23 Global Listed Infrastructure
- Thursday, February 23 Responsible Investment Report
- Thursday, February 23 Industrial and logistics update (part two)
- Wednesday, February 22 February 2023 market update
- Tuesday, February 21 University of Adelaide appoints Frontier
- Friday, January 27 New appointments
- Friday, January 27 January 2023 market update
- Sunday, December 18 December 2022 market update
- Thursday, December 15 Growing tech team
- Thursday, December 15 More women in investments
- Wednesday, December 14 Industrial and logistics update (part one)
- Wednesday, December 14 Foreign currency management
- Wednesday, December 14 The value factor has returned, so why hasn’t my value manager?
- Wednesday, December 14 Diversity: inclusive, not intrusive
- Thursday, December 1 Our new Head of Equities
- Wednesday, November 23 Australian battery storage sector
- Wednesday, November 23 Australian renewables market
- Wednesday, November 23 Hurricane Ian update
- Wednesday, November 23 Multi-asset manifesto
- Tuesday, November 22 Super in the economy – the investment opportunity in Australian private markets
- Thursday, November 17 November 2022 market update
- Thursday, October 20 Review of Your Future, Your Super Measures
- Thursday, October 20 Ongoing developments of Your Future, Your Super
- Thursday, October 20 Real assets: fundraising trends
- Thursday, October 20 UK ‘mini’ budget
- Thursday, October 20 ILS market update H1 2022
- Wednesday, October 19 October 2022 market update
- Friday, September 30 Frontier snapshot as at 30 September 2022
- Friday, September 30 Frontierian in focus: David Jenkins
- Tuesday, September 27 Partners Platform enhancements
- Tuesday, September 27 Economic distance model
- Tuesday, September 27 Insurance – the third dimension
- Tuesday, September 27 The case for Australian hybrids
- Monday, September 26 Net zero carbon in real estate: a complex trajectory – Part two
- Monday, September 26 September 2022 market update
- Friday, August 26 Super’s top performers in FY22
- Friday, August 26 Net zero carbon in real estate: a complex trajectory – Part one
- Friday, August 26 Global equities 2022 performance
- Wednesday, August 10 August 2022 market update
- Monday, August 1 Frontier arrives in Japan
- Friday, July 29 Frontier snapshot as at 30 June 2022
- Monday, July 25 Real Assets Quarterly June 2022
- Monday, July 25 EM risk dashboard
- Monday, July 25 Liquid alternative strategies
- Friday, July 15 Key appointments
- Friday, July 1 A new Chair for Frontier
- Thursday, June 30 Meet Iain McMahon
- Thursday, June 30 Meet Carrie Smith
- Thursday, June 30 Meet Joanna Yang
- Wednesday, June 22 June 2022 market update
- Tuesday, June 7 ESG assessment of managers
- Thursday, May 26 ESG and the election – the new normal
- Thursday, May 26 A new face in our Real Assets Team
- Wednesday, May 25 The up and down of EM debt
- Wednesday, May 25 Modelling US inflation
- Thursday, May 19 May 2022 market update
- Wednesday, May 18 Global equities performance
- Wednesday, April 27 Australian build-to-rent sector
- Wednesday, April 27 Ideas for a challenging outlook
- Wednesday, April 27 What members want in retirement
- Tuesday, April 26 Frontier snapshot as at 31 March 2022
- Tuesday, April 26 We’re first … again!
- Tuesday, April 26 Global policy outlook
- Wednesday, April 20 April 2022 market update
- Tuesday, April 5 Frontier boosts senior consulting ranks
- Friday, March 25 APRA’s CPG 229
- Friday, March 25 Choosing an adviser
- Friday, March 25 Australian retail property
- Friday, March 25 Ideas for a challenging outlook
- Monday, March 21 March 2022 market update
- Thursday, March 17 Frontier makes strategic appointment
- Thursday, March 10 Frontier builds quant capabilities with top universities
- Monday, February 21 The heat is on
- Sunday, February 20 Energy transition part 2
- Sunday, February 20 US mega-caps
- Tuesday, February 15 February 2022 market update
- Thursday, January 27 Frontier adds a dozen
- Tuesday, January 25 January 2022 market update
- Thursday, December 16 Real Assets Quarterly December 2021
- Wednesday, December 15 ILS market update
- Tuesday, December 14 December 2021 market update
- Tuesday, December 14 Energy transition
- Tuesday, December 14 From the home to the hedge fund
- Thursday, November 25 Post pandemic property
- Thursday, November 25 Buy now pay later
- Thursday, November 25 What managers really think
- Friday, November 19 Learn to love the benchmark
- Thursday, November 18 November 2021 market update
- Tuesday, October 19 Frontier gains our first NZ client
- Monday, October 18 October 2021 market update
- Thursday, September 30 Frontier snapshot as at 30 September 2021
- Tuesday, September 21 Fiona Reynolds joins Frontier board
- Tuesday, September 21 Reviewing the role of REITs
- Tuesday, September 21 YFYS performance test
- Tuesday, September 21 Cross currency basis swaps
- Tuesday, September 21 Opting into China bonds
- Tuesday, September 21 Investment consultants come together to launch global ‘net zero’ initiative
- Monday, September 20 September 2021 market update
- Monday, September 20 Inflation: transient or persistent?
- Monday, September 20 ESG aligned incentives
- Monday, September 20 The how and why of ESG derivatives
- Monday, September 20 Partners Platform update
- Wednesday, September 1 Looking between the cracks of the performance test
- Thursday, August 19 Super Performance
- Thursday, August 19 Exploring equities
- Thursday, August 19 Over the hedge
- Thursday, August 19 Four new faces
- Tuesday, August 17 August 2021 market update
- Tuesday, August 17 Retirement Income Covenant
- Friday, July 30 Frontier boosts our consulting stocks
- Thursday, July 22 A golden conundrum
- Thursday, July 22 The year that was
- Thursday, July 22 Frontier’s 2021 Conference
- Monday, July 19 July 2021 market update
- Wednesday, June 30 Frontier snapshot as at 30 June 2021
- Monday, June 28 Should we fear inflation?
- Monday, June 28 Congratulations Angela Emslie, AM
- Monday, June 28 Post-pandemic China
- Monday, June 21 June 2021 market update
- Friday, June 18 COVID-19 update June 2021
- Friday, May 28 Investment manager culture – what lurks in the shadows?
- Friday, May 28 Finding the best needs-based real estate opportunities
- Thursday, May 27 Hedging climate change
- Thursday, May 27 Australia lags on affordable and social housing
- Tuesday, May 25 Submissions to Treasury
- Thursday, May 20 May 2021 market update
- Friday, May 7 Frontier snapshot as at 31 March 2021
- Friday, May 7 Frontier conference
- Friday, May 7 Peter Lee Associates survey
- Friday, May 7 Our new office
- Friday, April 23 Digital infrastructure
- Thursday, April 22 A peer into peers
- Thursday, April 22 Opportunities in Asian debt
- Wednesday, April 21 April 2021 market update
- Wednesday, April 21 Frontier recruits from UK partner
- Wednesday, April 21 Tech release for insurers
- Monday, March 29 Decarbonisation risks and opportunities
- Monday, March 29 Infrastructure’s resilience through the coronavirus downturn
- Monday, March 29 Modern slavery risk in your portfolio
- Saturday, March 20 March 2021 market update
- Thursday, March 18 Scott Pappas to lead Alternatives
- Thursday, March 11 Frontier reviews investment manager culture
- Wednesday, February 24 Retirement income review
- Wednesday, February 24 COVID-19 update
- Wednesday, February 24 Hedging against climate change
- Tuesday, February 23 Your Future, Your Super: Frontier submission
- Tuesday, February 16 February 2021 market update
- Friday, February 12 Eight new faces at Frontier
- Thursday, January 21 January 2021 market update
- Monday, January 4 Health care real estate
- Monday, January 4 European research trip
- Thursday, December 17 The road to recovery
- Wednesday, December 9 December 2020 market update
- Tuesday, November 24 Direct lending – what are you banking on?
- Tuesday, November 24 Active management in emerging markets
- Tuesday, November 24 Cluster analysis – do your diversifiers diversify?
- Monday, November 23 COVID-19 vaccines
- Tuesday, November 17 November 2020 market update
- Friday, October 30 Frontier launches new brand
- Tuesday, October 27 Asian infrastructure report
- Monday, October 26 2020 ILS market update
- Monday, October 26 Insurance linked securities
- Wednesday, October 21 The workplace of tomorrow
- Saturday, October 17 October 2020 market update
- Tuesday, September 22 Structured credit
- Tuesday, September 22 Alternative risk premia COVID-19 deep dive
- Tuesday, September 22 Hedging against unexpected inflation rises
- Wednesday, September 16 September Market Update 2020
- Tuesday, August 18 August Market Update 2020
- Thursday, July 23 Understanding China A-shares
- Saturday, July 18 ‘Balanced’ may not be balanced for older members
- Saturday, July 18 Relative value multi-asset hit rate analysis
- Saturday, July 18 June 2020 equities performance
- Friday, July 10 July Market Update 2020
- Thursday, June 18 Network level challenges facing Australian renewables
- Thursday, June 18 Superannuation performance: risk in this volatile period
- Monday, June 15 June Market Update 2020
- Thursday, May 21 May Market Update 2020
- Wednesday, May 20 Frontier welcomes new Head of Technology
- Monday, April 27 India Study Tour
- Monday, April 27 Opportunity in the midst of chaos
- Friday, April 24 Five years on top for Frontier
- Friday, April 24 New faces at Frontier
- Friday, April 17 April Market Update 2020
- Wednesday, April 8 Governance checklist
- Tuesday, April 7 2020 Q1 Market Update
- Wednesday, April 1 Coronavirus response
- Thursday, March 19 Frontier grows modelling smarts
- Thursday, March 19 Managing climate change exposure via passive equities
- Friday, March 13 UN Sustainable Development Goals
- Wednesday, March 11 March Market Update 2020
- Wednesday, February 26 Market Insights: Coronavirus Part 1
- Wednesday, February 26 Market Insights: Coronavirus Part 2
- Thursday, February 20 USA – Property niche sectors
- Thursday, February 20 Superannuation performance – no risk, no return
- Thursday, February 20 Royal commission progress update
- Wednesday, February 19 Superannuation industry trends 2020
- Wednesday, February 19 Policy space heading into the next downturn
- Wednesday, February 19 When out of stock is a good thing
- Tuesday, February 18 New Director to join Frontier Board
- Wednesday, February 12 February Market Update 2020
- Monday, January 20 January Market Update 2020
- Thursday, August 22 Indian Infrastructure
- Monday, July 8 New Frontier Staff
- Friday, July 5 Frontier performance
- Friday, July 5 Frontier snapshot as at 30 June 2020
- Friday, July 5 Frontier research program
- Friday, July 5 Frontierians in profile
- Thursday, June 27 Super fund numbers to halve as funds face challenging outlook
- Thursday, June 27 Remuneration key to culture but don’t neglect non-financial aspects
- Thursday, June 27 Healthcare infrastructure piques institutional interest
- Thursday, June 27 Real estate innovation offers asset owners new opportunities
- Thursday, June 27 Stick tight with Aussie active managers
- Thursday, June 27 US-China deal likely but risks remain high
- Thursday, June 27 Asset owners take aim at modern slavery hidden in supply chains
- Thursday, June 27 From hype to reality: Machine Learning in investment management
- Thursday, June 27 Remuneration key to culture but don’t neglect non-financial aspects
- Wednesday, April 3 Frontier’s Purpose and values
- Wednesday, April 3 What’s new at Frontier
- Wednesday, April 3 Frontier ranked Number One four years in a row
- Wednesday, April 19 Fund comparison
- Thursday, January 26 Investment risk
- Thursday, January 26 Enterprise risk management – part one
- Thursday, January 26 Enterprise risk management – part two
- Wednesday, January 25 Internal research management
- Wednesday, January 25 Fees and costs disclosures
- Wednesday, January 25 Solve your RG97 needs
- Wednesday, January 25 Save time, effort and money
- Wednesday, January 25 Integrated risk management
- Wednesday, January 25 Global innovation award
- Wednesday, January 25 Scalable investment operations
- Wednesday, January 25 Data solutions
- Wednesday, January 25 Technology systems
- Wednesday, January 25 Peer comparison
- Tuesday, January 24 Customised analysis and monitoring
- Tuesday, January 24 Trustee reporting
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