presentation - Legal & General
presentation - Legal & General
presentation - Legal & General
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PASSIVE INVESTING – GOING UNDER THE BONNET (HARD DRIVE)! 32MARKET EFFICIENCYUK SINCE 31 DECEMBER 1985.Sector AveFTSE All-Share TR0% 200% 400% 600% 800% 1000% 1200%The very long term would suggest Index offers best valueSource: Lipper for Investment Management. Past performance is not a guide to future performance. FTSE All-Share TR and Sector Ave bid to bid basis, net income reinvested.31/12/1985 – 30/4/13