Vast resources available to mutual fund managers

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Reference no: EM13767624

Given the vast resources available to mutual fund managers, these managers on average have generally:

underperformed the market on a risk-adjusted basis.

beat broad-based indexes.

outperformed the overall market on a risk-adjusted basis.

proved the market to be strong form efficient.

eliminated excess profits for arbitrageurs.

Reference no: EM13767624

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