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VIDEO: Why Do Institutional Investors Underperform, Part 2
We examine the reasons for institutional investor underperformance. This week, what's the best governance structure to avoid underperformance?

Who is at fault when institutional investors underperform their benchmarks?
According to a recent paper by Charlie Ellis, the founder of research firm Greenwich Associates, almost everybody in the investment world is culpable.
In the second of a five part video series we look at the reasons for institutional investor underperformance. This week, we look at governance structure and how that might be contributing to the problem.