nicholas burton, offshore marketing manager at royal skandia It is a well-established fact that ma...
nicholas burton, offshore marketing manager at royal skandia It is a well-established fact that many professional advisers rely to a large extent on fund performance when designing and monitoring an investor's portfolio for 'investment success'. The inherent dangers of cherry-picking stocks or funds based on past performance are well-documented. You may or may not agree that past performance is a reliable indicator of future performance. Whatever your opinion, any comparison of two or more variables should be on a 'like for like' basis. The past performance of long-only funds are ine...
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