Investors worried about a bear market should invest in tracker funds, according to a new report prod...
Investors worried about a bear market should invest in tracker funds, according to a new report produced in association with Virgin Direct. The report's author, Simon Keane, professor of finance at the University of Glasgow, has found that active fund managers cannot consistently predict the start or duration of a bear market with enough accuracy to give them an advantage over trackers. He concluded that over the long term, the buy and hold policy of index tracker funds is more profitable than adopting defensive measures in an effort to anticipate a downturn. As evidence of this he cited...
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