MONEYWEB app instead? How active SA managers stack up against the industry they’re benchmarked against âThe longer a time period, the worse the performance tends to be for active managersâ: Len Jordaan, S&P Dow Jones Global. 09:22 SIMON BROWN: I’m chatting with Len Jordaan. He’s director and head of South Africa and sub-Saharan Africa Sales at S&P Dow Jones Global. Len, I appreciate your time today. We are chatting Spiva, which is the Standard & Poor’s Indices versus Active [scorecards]; in essence, S&P do this on a global scale. You’ve just published a South African one. This is really looking at the active managers versus the sort of passive strategy and in a sense, I suppose, to call it what it is, we are marking the one side versus the other.