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[$$] What next for active managers after grim October?
Wall Street’s fear gauge — rose sharply. Just four out of every 10 US large-cap active managers outperformed their benchmark last month.*Large-cap funds on average delivered a return of minus 7.5 per cent in October, underperforming their respective benchmarks by around 22 basis points.*The S&P 500 fell 6.9 per cent over the same period.
https://finance.yahoo.com/m/cbf9503...8bad/[$$]-what-next-for-active.html?.tsrc=rss
Wall Street’s fear gauge — rose sharply. Just four out of every 10 US large-cap active managers outperformed their benchmark last month.*Large-cap funds on average delivered a return of minus 7.5 per cent in October, underperforming their respective benchmarks by around 22 basis points.*The S&P 500 fell 6.9 per cent over the same period.
https://finance.yahoo.com/m/cbf9503...8bad/[$$]-what-next-for-active.html?.tsrc=rss