Investment funds could not change benchmarks / be truthful about their performance
By Hicbd
Sun Aug 21 2022 12:17 pm
"It isn’t true. Fund managers can easily beat the market. All they have to do is change which market they’re trying to beat. Hundreds of them have been doing just that for years. Such maneuvers are perfectly legal—and investors need to fend for themselves, because regulators have so far been paying little attention."
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