December's most read: Canadian pensions eye build-to-rent; Future Fund hiring; family offices' private asset plans

Australia’s active managers lose ground as Vanguard moves into pension market Active fund managers are facing intense pressure to perform and to lower their fees as investing institutions' increasingly look to passive alternatives and take some portfolios in-house. In Australia’s highly competitive funds arena, the question remains: How long can traditional active managers survive, given historical data showing very few are able to maintain a consistent performance over an exten…