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The problem is that article doesn't reference outperforming the index but rather being in the top quartile of peer performance...
by rbcgerard 12y ago
The problem is that article doesn't reference outperforming the index but rather being in the top quartile of peer performance...
- nhaehnle 12y agoRight, that's absolutely a problem, but it's orthogonal to the supposed problem that OP was mentioning (e.g., it could be that those funds are so bad that even the top quartile doesn't outperform the index in a particular period). Or perhaps OP intended to refer to this problem, and it just wasn't done very clearly.