๐Ÿ’กInformation or disinformationโ“ #3

21 December 2020

๐ƒ๐ข๐ ๐‡๐Ÿ ๐Ÿ๐ŸŽ๐Ÿ๐ŸŽ ๐š๐œ๐ญ๐ข๐ฏ๐ž ๐ฏ๐ฌ ๐ฉ๐š๐ฌ๐ฌ๐ข๐ฏ๐ž ๐ฉ๐ž๐ซ๐Ÿ๐จ๐ซ๐ฆ๐š๐ง๐œ๐ž ๐ซ๐ž๐ฌ๐ฎ๐ฅ๐ญ๐ฌ ๐œ๐จ๐ง๐Ÿ๐ข๐ซ๐ฆ ๐ญ๐ก๐ž ๐›๐ž๐ฅ๐ข๐ž๐Ÿ ๐ญ๐ก๐š๐ญ ๐š๐œ๐ญ๐ข๐ฏ๐ž ๐Ÿ๐ฎ๐ง๐ ๐ฆ๐š๐ง๐š๐ ๐ž๐ซ๐ฌ ๐š๐ซ๐ž ๐๐จ๐ข๐ง๐  ๐›๐ž๐ญ๐ญ๐ž๐ซ ๐ข๐ง ๐ฅ๐ž๐ฌ๐ฌ ๐ž๐Ÿ๐Ÿ๐ข๐œ๐ข๐ž๐ง๐ญ ๐ฆ๐š๐ซ๐ค๐ž๐ญ๐ฌ ?
Letโ€™s look at emerging markets active fund manager best & worst performances :

โœ… In S&P Dow Jones Indices latest European report, 39% of Emerging markets equity active managers outperformed the benchmark in H1 2020.


โœ… In Morningstar's latest European report, more than 70% of China and Russia equity active managers outperformed their passive counterparts in H1 2020 whereas less than 25% of Brazil & India equity active managers did in H1 2020.

Those results challenge the accepted idea ๐Ÿ“ that active managers perform better in less efficient markets ๐Ÿค”

An ๐ž๐Ÿ๐Ÿ๐ข๐œ๐ข๐ž๐ง๐ญ ๐š๐ฅ๐ฅ๐จ๐œ๐š๐ญ๐ข๐จ๐ง ๐๐ž๐œ๐ข๐ฌ๐ข๐จ๐ง t๐จ ๐›๐ฎ๐ข๐ฅ๐ ๐จ๐ฎ๐ญ๐ฉ๐ž๐ซ๐Ÿ๐จ๐ซ๐ฆ๐ข๐ง๐  ๐ฉ๐จ๐ซ๐ญ๐Ÿ๐จ๐ฅ๐ข๐จ should be based on much more than accepted ideas ๐ŸŽฏ๐Ÿš€

To continue helping investors ๐Ÿ’ฐ๐Ÿ’ฐ I will dig deeper into what is needed to do an efficient allocation between active and passive funds, 

Marlene Hassine Konqui