RE: Court of Session decision30 Apr 2020 22:35
QUIGGERS,
Yes, 10% per annum average, so over 10 years that would be 100%. According to the list there are 159 mangers that have achieved an average of 10% per annum.
Also, the vast majority of fund managers underperform the market so you would be better with a tracker fund than a managed fund.
I do tend to do well but I am a qualified accountant with qualifications in economics and mathematics and I was FD of a FTSE company. I have may years investing experience so I am at a comparative advantage to most investors.