Past performance is not indicative of future performance

Marc Seidner | PIMCO | 22 August 2018 | 0.50 CE

Any time you read a fund prospectus, you come across the familiar phrase: “Past performance is not indicative of future performance”. It’s so common we almost ignore it, but it goes to the heart of how we should view and manage risk and return as we strive to future-proof portfolios. And never more so than now. In an environment of increasing volatility, decreasing liquidity and greater idiosyncratic risk, investors s...