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The Curve Ball

Many people think that unlike those peculiar and volatile equity investments, the fixed income arena is calm, rational, predictable, and benefits from the expertise that a 'star fund manager' can bring.  Here Jim Parker, Vice President at Dimensional offers his view, that whilst it is possible to use the scientific method to improve the efficiency of returns, the same difficulty in predicting the future that besets the equity world equally affects efforts to forecast returns from fixed income investments.

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