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Adviser underperformance 'a blip'
Wednesday 29th of January 2014
New data from US-based website SigFig, which tracks about one million investor portfolios, shows investors who paid for portfolio management achieved average returns of 14.1%, while those who managed their money themselves returned 17.1%.
These results came during a year when stock markets soared (the S&P 500 Index returned 29.6%) and bonds struggled in many parts of the world.
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