CSL share plunge delivers killer blow to active fund managers

As if this year couldn’t get any tougher for the fund managers who are paid to beat the Australian sharemarket.

They were already sick and tired of explaining to clients why they didn’t own enough Commonwealth Bank shares before the bank stock’s run finally fizzled. But their relief was ever so short-lived.

Source: https://www.afr.com/markets/equity-markets/csl-share-plunge-delivers-killer-blow-to-active-fund-managers-20250819-p5mo5c