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A report co-authored by Professor Elroy Dimson, Chairman of the Centre for Endowment Asset Management at Cambridge Judge, is cited in the article. The Credit Suisse Global Investment Returns Yearbook 2021 says investors “benefited from high returns in the 1980s and 1990s, but since then real equity returns have been below their historical averages despite a strong recovery after 2009 and successful weathering of the pandemic storm.” (subs)

Read the full article [telegraph.co.uk]