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CPI Financial: Credit Suisse research shows established industries often beat new technology

A new report finds that responsible investing not always bring higher returns. “The best-performing industries since 1900 have been tobacco in the USA and alcohol in the UK,” say Elroy Dimson, Paul Marsh and Mike Staunton in the paper published by the Credit Suisse Research Institute. Professor Dimson is chairman of the Newton Centre for Endowment Asset Management at Cambridge Judge.

Read the full article [cpifinancial.net]