因为总体上来说投资者无法超越市场的表现，这就意味着资金从投资者手里转移到了基金经理的手里。
Because investors cannot beat the market in aggregate, all this means is that money is transferred from investors to fund managers.
企业集群的信用优势是企业集群的重要优势，也是企业集群超越单一企业与市场的显著表现之一。
Credit advantage is important advantage to enterprise cluster, and it is remarkable represent to exceed of the enterprise and market too.
由于日本市场表现远远落后，有可能板块轮动效应将导致日本股市短期内取得超越性表现。
As the market has been a significant laggard, it is possible that sector rotation may allow Japanese equities to outperform in the short term.
两者越来越趋于联动，意味着将来寻找超越平均表现的市场可能会更困难。
As they increasingly move in tandem, this suggests that it may be harder in the future to identify outperforming markets.
两者越来越趋于联动，意味着将来寻找超越平均表现的市场可能会更困难。
As they increasingly move in tandem, this suggests that it may be harder in the future to identify outperforming markets.
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