Source: investire.aduc.it. In this article
, Alessandro Pedone emphasizes as investment funds, in the last 10 years , overall, had a lower return than the simple 12-month BOT 2.5% per year. In 10 years means almost 29% of lost productivity than the so-called risk-free rate . In
it also refers to Mediobanca's annual report on asset management, which suggests that managers 4 out of 5 are worse than the benchmark.
Moral: stay away from asset management!!
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