In more than 30 years of analysing fund managers across the world, one of the most important lessons I have learned, writes John Husselbee, is consistency of performance is close to impossible over any decent timeframe.
Despite this, and repeated warnings about relying on past performance as a measure of future success, we continue to see a raft of studies based on consistency, showing which managers have been able to...
Two global vehicles
'Further plug advice gap'
Must appoint separate CEOs and boards
Advisers do come out well
Will report to Mark Till