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Question) You recently graduated from UTS with a Finance major and have found your dream job in the graduate department of PWC. On your first

Question) You recently graduated from UTS with a Finance major and have found your dream job in the graduate department of PWC. On your first day on the job, your manager who has a management background asks you to advise a new client. The client is the chief financial officer of a large manufacturing company that runs its own superannuation fund for its employees. The company has currently hired an active fund manager to help invest the employee superannuation fund's money. However, the active fund manager's performance has been disappointing. Your client wishes to know what can be done to improve the performance of the superannuation funds. What advice would you give to the client? Please provide a brief explanation for the reason for your advice.

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