Given the surprises that the corporate world continues to throw up, it's no shock to discover professional fund managers continue to underperform the stock market average.
In the case of underperforming, does it imply the shares will underperform the sector or the entire market?
Don't large corporations know that about 90% of managed funds underperform the stock market average over the long-term?
The hospital recently lost its three-star status, with hospital cleanliness the one key target on which the trust was considered to be underperforming .
In other words, when we take survivorship bias into account, the average mutual fund underperforms the market.
This country underperforms most noticeably in research and development, entrepreneurial activity and youth unemployment.
In a noteworthy development, the broader market generally underperformed the major indices.
Not only is he facing a tough consumer market in Europe but many of the group's brands are underperforming .
The significant underperformance of the economy and the growing fiscal deficit suggests that balancing the budget will be the primary focus of the incoming government.
Conversely when they sold shares, the stock underperformed the market by 5.4%.