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The Aussie dollar has enjoyed a remarkably strong start to the year.

'High 60s': Aussie dollar bears stir

Australia's shrinking yield advantage over the US has stirred the Aussie dollar bears but the currency is deemed unlikely to plunge hard.

Local fund managers have found it increasingly difficult to deliver excess returns.

Are the good times ending for Aussie fund managers?

Australia's $2.8 trillion fund industry is one of the last havens for fund managers relying on human judgement for their investment calls. That may be about to end amid the global onslaught of low-cost, index-tracking funds.

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