Poor Returns….Again

There appears to be a growing realisation that fund managers of all ilk are simply not delivering the returns they are being paid for. In fact the evidence seems to indicate that the majority of managers (>95%) are actually a drag on the performance of any given fund. Whilst, we tend to look as this…

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A Sign Of Life

At last some vague sign of life – the marked bars represent 52 day highs so at least the market has made a modestly pathetic attempt at making new highs. As opposed to other world markets that have been making successively new highs in the past few months.