In more than 30 years of analysing fund managers across the world, one of the most important lessons I have learned 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...
Publishes consultation paper
Exploring the effects of shake-up
More emphasis on corporate governance and responsibility
quality growth equity and long-duration bonds dominate