So future returns are likely to be lower than the previous norm.

因此未来的回报很可能也比之前的标准低。

youdao

They cannot control the level of future returns but they can do something about costs.

未来的收益多少无从把握，但控制交易成本还是能够有所作为的吧。

youdao

Assets would have fallen to their normal worth, the present discounted value of their future returns.

资产应该跌回正常价值，即未来收益的折现值。

youdao

Yet, for equity mutual funds, high past returns are a poor predictor of high future returns.

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The money-tracking firm found no persistent link between past equity-fund performance and future returns.

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Past returns are no guarantee of future returns, but they can sure make one look good.

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