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The study showed that firms run by former civil servants who maintained their links to government markedly underperformed those run by executives with purely private-sector backgrounds.Competition suffers, too.
Briefly, actively managed mutual funds over long periods tend to underperform the market, and, as a group, don't do markedly better than would be expected from flipping coins.
Their portfolios consistently underperform.
The public schools underperform.
He rated Sears as underperform.
We remain at underperform.
We remain on underperform".
Wealth management continued to underperform.
As a nation we underperform in maths.
The indices, however, may underperform FOFs.
Mutual funds regularly underperform in the markets.
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CEO of Professional Science Editing for Scientists @ prosciediting.com