Daily BriefsQuantitative Analysis

Daily Brief Quantitative Analysis: The Alpha Games: Technology Funds and more

In today’s briefing:

  • The Alpha Games: Technology Funds

The Alpha Games: Technology Funds

By Nicolas Rabener

  • US tech funds underperformed their benchmark indices by 4% between 2018 and 2022
  • Searching for alpha is a zero-sum game as for every investor that outperforms the stock market
  • This resulted in a median alpha of -4% over the 5-year period

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