Fund managers display no greater investment skill investing in businesses from their own industry than those from other sectors, a study finds.
The findings, in a report from Cass Business School called Squandering home field advantage? Financial institutions’ investing in their own industries, suggest industry expertise fails to translate...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date