Benchmark indifference is demand flow critical…old hat not new!

I was just reading an article in the Canadian Investment Review, “Time to toss your benchmark to the curb”, which discussed the performance of benchmark indifferent managers and the out performance of fundamental indexing versus traditional market cap indexing.  Now if you have been stuck in some efficient market nirvana for the better part of your working life you might find this all a bit of a shock.  But this is old hat , not new!

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