Hedge Funds Trail Vanguard Index Funds
BY MATTHEW ILLIAN In another edition of “you can make the numbers say whatever you want” two financial industry studies are contradicting each other. Vanguard, a highly respected mutual fund company with a unique client ownership structure, recently published astudy seeking to answer the following question: Do hedge funds outperform the “old” 60-40 portfolio? Vanguard’s conclusion: No [...]
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