Greek translation: θα δικαιώνονταν για την αντίθεσή τους προς τα δεικτοποιημένα κεφάλαια/τα κεφάλαια που συνδέονται με την απόδοση δεικτών
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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
English term or phrase:
come into their own against indexed funds
θα δικαιώνονταν για την αντίθεσή τους προς τα δεικτοποιημένα κεφάλαια/τα κεφάλαια που συνδέονται με την απόδοση δεικτών
English to Greek translations [PRO] Bus/Financial - Finance (general)
English term or phrase:come into their own against indexed funds
The choice between active and passive funds is like steering between Scylla and Charybdis, the more so since disillusionment with equities in general set in. Anger is growing – if the newspapers' financial pages are anything to go by – with those who manage mortals' money. Particular scorn has been poured on those poorly performing active managers who claimed that it was precisely during tough times that they would come into their own against indexed funds. In Britain two-thirds of active fund managers underperformed the index last year, even before the fees that they charged are subtracted. These people are handsomely rewarded for losing money. Each year they pocket 1-2% of the assets they manage, on top of initial charges of as much as 5%. Indexers, by contrast, charge only 0.5% a year, with no upfront fees.