Investors should seek out best risk-adjusted returns
ANALYSIS: More choices generally allow active managers to exhibit their skill level over time, versus short-term periods of good or bad luck.
Paul Robertshawe and Christine Smith-HanTue, 31 Oct 2023
Diversification is the great free lunch in investing – a simple way to get a better return for risk. Typically, we talk about diversification across asset classes – eg, between things such as equities, bonds, commodities, private equity, and the like – and then, within each of those
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