
How to understand volatility and its role in portfolios
FTAdviser Podcast
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Do You Still Think Markets Are Fundamentally Efficient?
Parris: Our view remains that markets are efficient in the long term. But I think there's a certain degree of efficiency, but recognizing though that opportunities will be there for us and for the underlying managers to take advantage of. You just have to be patient as an investor in order to realize that opportunity.
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