Equity Performance Triples when it goes Private? Featuring Neuberger Berman [The Skeptic's Guide to Investment Management]

Welcome to the Skeptic’s Guide to Investment Management. In each episode, we examine one industry publication through a skeptical, logical, evidence-based lens, with the help of Tim McGlinn, ex-investment consultant, portfolio manager and professor of finance, and founder of the TheAltView .

We discuss Georgetown University’s Center for Retirement Initiatives reports (with Willis Towers Watson) suggesting adding private equity and hedge funds to 401(k)s could leave retirees with 17% more money—thanks to 40 years of compounding and, conveniently, assuming investors pick managers that are well above average. The reports bake in big after-fee excess returns, raising the awkward question of whether everyone can be “above average” at the same time. The takeaway: stay skeptical, and don’t mistake university-branded publications for peer-reviewed research.

You can find the original report here:

https://cri.georgetown.edu/research/

Link to Tim’s original article:

Georgetown & Willis Towers Watson

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MUSIC CREDITS

Brandenburg Concerto No4-1 BWV1049 - Classical Whimsical by Kevin MacLeod is licensed under a Creative Commons Attribution 4.0 license. https://creativecommons.org/licenses/by/4.0/

Source: http://incompetech.com/music/royalty-free/index.html?isrc=USUAN1100303

Artist: http://incompetech.com/

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