Do Benchmarks Distort the Markets? & The Curse of the Benchmarks, Part II scroll-down Breadcrumb Home Do Benchmarks Distort the Markets? & The Curse of the Benchmarks, Part II Do Benchmarks Distort the Markets? & The Curse of the Benchmarks, Part II Dimitri Vayanos and Paul Woolley have taken the common idea that benchmarks hamper fund managers one very large step further. Morningstar 23 & 25 March 2016