Comment 

Intelligence failure

Chris Dillow

Chris Dillow
Intelligence failure

In the last five years, 60 per cent of unit trusts in the UK all companies sector have underperformed the All-Share tracker funds managed by Legal & General and Scottish Widows*. This continues a long trend for very many actively managed funds to underperform passive ones. Yet UK investors have hundreds of billions of pounds in actively-managed funds. Why?

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