Glossary entry (derived from question below)
English term or phrase:
are smarting still
Greek translation:
πονάνε / τσούζουν / νιώθουν ακόμα τις οδυνηρές επιπτώσεις
Added to glossary by
Assimina Vavoula
Nov 27, 2006 18:09
17 yrs ago
English term
are smarting still
English to Greek
Bus/Financial
Finance (general)
EQUITY markets in America and Europe have recently been showing tentative signs of a recovery from their late July lows. Yet investors – in both actively managed funds and in funds that mirror a particular stockmarket index – ***are smarting still***. The average active fund in America has lost over 22% (fund-management fees included) since the end of December 1999, according to Lipper, a company that measures fund performance. In Britain actively managed equity funds have lost 31%. Passive funds, however, have fared even worse, on average. Pure index funds have lost over 27% in America since December 1999, and 32% in Britain.
The choice between active and passive funds is like steering between Scylla and Charybdis, the more so since disillusionment with equities in general set in. Anger is growing – if the newspapers' financial pages are anything to go by – with those who manage mortals' money. Particular scorn has been poured on those poorly performing active managers who claimed that it was precisely during tough times that they would come into their own against indexed funds. In Britain two-thirds of active fund managers underperformed the index last year, even before the fees that they charged are subtracted. These people are handsomely rewarded for losing money. Each year they pocket 1-2% of the assets they manage, on top of initial charges of as much as 5%. Indexers, by contrast, charge only 0.5% a year, with no upfront fees.
(From The Economist)
The choice between active and passive funds is like steering between Scylla and Charybdis, the more so since disillusionment with equities in general set in. Anger is growing – if the newspapers' financial pages are anything to go by – with those who manage mortals' money. Particular scorn has been poured on those poorly performing active managers who claimed that it was precisely during tough times that they would come into their own against indexed funds. In Britain two-thirds of active fund managers underperformed the index last year, even before the fees that they charged are subtracted. These people are handsomely rewarded for losing money. Each year they pocket 1-2% of the assets they manage, on top of initial charges of as much as 5%. Indexers, by contrast, charge only 0.5% a year, with no upfront fees.
(From The Economist)
Proposed translations
(Greek)
4 +6 | πονάνε / τσούζουν / νιώθουν ακόμα τις οδυνηρές επιπτώσεις | Nick Lingris |
Proposed translations
+6
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πονάνε / τσούζουν / νιώθουν ακόμα τις οδυνηρές επιπτώσεις
Το τρίτο στο δικό σου κείμενο.
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Comment: "Μπα... Δεν χάνεις τίποτα χωρίς τον Mr. Zonk... ξαναζεσταμένο φαί είναι... Άσε που πάει πακέτο με Ανδρέα Μικρούτσικο, πράγμα πολύ χειρότερο..."
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