“On a practical level, our results on long-term performance is
that … alpha in net returns for investors is negative for most if
not all active funds” (Fama and French(2010)). Do managed funds add
value to investors? Include in your answer an overview on how to
evaluate the performance of managed funds. (1500 words count)
“On a practical level, our results on long-term performance is that … alpha in net returns for investors is negative for
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answerhappygod
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“On a practical level, our results on long-term performance is that … alpha in net returns for investors is negative for
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