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Beta - the devil you know
Published:  01 May, 2008

‘Softly, softly catchee monkey’, goes the proverb – and with pension funds hunting sturdy returns being put off the scent by underperforming and overcommissioned active managers, it’s a jungle out there. Given pension fund investment is more about taking steady aim rather than shooting the lights out, passive index-tracking funds are gradually being seen as an essential component of a balanced portfolio.



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