Study shows institutions are consistent winners. (31-OCT-04) Europe Intelligence Wire

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Study shows institutions are consistent winners.

Publication: Europe Intelligence Wire

Publication Date: 31-OCT-04

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(From Funds International)

Fund managers burdened by criticism of their abilities can take heart that they beat the average private individual in the trading game. At least, that is, those trading on the Taiwan Stock Exchange, the 12th biggest financial market in the world.

In the zero-sum game of market trading, institutions are consistently the winners and private traders the losers. This is the key finding of a detailed research project released in July by the University of...

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