Wealth and Asset Management
Julius Baer CIO names ‘surest way to negative alpha’
Serious investors should adopt a nuanced approach to analysing performance, according to Yves Bonzon, chief investment officer at Julius Baer. In a newsletter accessed via the private bank’s website, Bonzon highlights what to avoid when assessing investment returns. ‘The surest way to harvest negative alpha is a “horse race set-up”,’…
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