NEW YORK--(BUSINESS WIRE)--In Segal Rogerscasey’s new Investment Insight, “Past Imperfect: Why Using Past Performance as the Primary Indicator of Future Performance Is a Flawed Strategy,” the author, Tim Barron, CIO, declares: “The changing nature of the markets, along with the variability of approaches to decision making, adds another complexity, making it extremely difficult to use past performance as an indicator of future success.” The paper goes on to explain why using past performance to predict future performance is not reliable. Data for three asset classes (U.S equity, non-U.S. equity and U.S. fixed-income) is exhibited as evidence. The issue also addresses why it is so difficult to beat most benchmarks and what investors can do to select managers that will be successful in the future.
The full issue is here: http://www.segalrc.com/pubs/insight/past102013.pdf.
Segal Rogerscasey (www.segalrc.com), a member of The Segal Group, is a leading global investment solutions firm that provides innovative, client-driven consulting advice and outsourcing solutions. The firm has been in operation for more than 40 years and is one of the largest U.S.-based investment consultants. Clients include corporations, non-profit organizations, endowments, foundations, state and local governments and joint boards of trustees administering benefit plans under the Taft-Hartley Act. The firm works with financial services firms through Rogerscasey, a Division of Segal Advisors, and with Canadian clients through Segal Rogerscasey Canada.
