A2Risk founder, Professor David Blake, features in a new video talking about his research into active funds. Courtesy of The Evidence-Based Investor.
The Cass University study, examined the monthly returns of 516 UK domestic equity openended unit trusts and OIECS between 1998 and 2008, revealed an average annual post-fee alpha return of minus 1.44 per cent.
“This suggests that a typical investor would be almost 1.44 per cent a year better off
by switching to a low-cost passive UK equity tracker,” Professor Blake says.