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Economic Situation & strategy
November 10, 2023
2023: A real horror year for stock pickers
Article by Dr. Christian Jasperneite
Anyone who looks at the performance of equity funds (especially with a focus on US stocks) will notice, especially with a view to the current year, that hardly any fund was able to beat the benchmark. The result is so striking that you have to ask yourself serious questions: Have the portfolio managers forgotten their craft? Is the market following completely irrational tendencies that can no longer be classified and anticipated using fundamental analyses? Is it a good idea to only invest passively along benchmark structures?
You can find the answers in our current Flash report: