There was a time when the ASX employed 'chalkies' to write bids and offers on a board. It was a relatively slow and manual process but they got the job done.
More than three decades on, the ASX has evolved and new trading systems allow for faster and more cost-effective ways to trade shares.
The same can be said about Australian equity portfolios. There are new ways to build portfolios that would have been far too sophisticated to implement back in 1987, when the ASX was formed and chalkies walked up and down the trading floors.
In this issue, leading fund manager BlackRock explains how financial advisers can use a mix of index, factor and alpha together in the one portfolio to deliver the right dose of risk and return - at a cost that works for their clients. Find out more in this article.