On the one hand, high past returns are an indicator of low future returns: that has certainly proved true for those who bought equity mutual funds at the turn of the decade.
一方面，过去的高回报率是未来低回报的指标：对于那些在这十年交替中购买股权共同基金的人们而言，这点已经证明是真理了。
Hedge funds and private equity boom as investors seek high returns, though buoyant asset prices and low real interest rates decree the opposite.
投资者追求高回报，促成了对冲基金和私人股本的蓬勃发展，尽管高涨的资产价格和较低的实际利率预示的是相反的情况。
High share prices make targets more expensive, and private equity is still raising record amounts of money, meaning more competition-and higher prices-for acquisitions, lowering potential returns.
高股价致使收购对象更加昂贵，而私募股权仍在筹集创纪录的资金量，这意味着并购活动的竞争更加激烈，价格更高，而潜在的回报则降低了。
In addition, he says, the returns they do achieve are due to factors, including high leverage and the overall movement of the stockmarket, for which private-equity managers cannot claim credit.
莫里斯还说，私募股权经理人所实现的收益还应归功于很多其他因素，包括金融杠杠效应以及股票市场的整体走高，因此他们不能独揽全功。
That has encouraged banks to use more leverage in order to earn high returns on equity.
这鼓励银行使用更多的杠杆以获得高股本收益率。
But with high interest rates on private loans, the returns on equity were pretty good.
但对个人的贷款利率很高，资本回报也相当不错。
EQUITY PARTICIPATION in real estate offers substantial returns to astute investors, but it also entails high exposure to risk.
在房地产中的资本投入给精明的投资者带来实质性的回报，但它也包含有高风险。
EQUITY PARTICIPATION in real estate offers substantial returns to astute investors, but it also entails high exposure to risk.
在房地产中的资本投入给精明的投资者带来实质性的回报，但它也包含有高风险。
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