Growth funds are top performers

clock

For the first time in six years, US fund managers have, on average, managed to outperform their indi...

For the first time in six years, US fund managers have, on average, managed to outperform their indices, and the leaders of the pack were those who favoured growth stocks and technology, according to Standard & Poor's latest US report. Mainstream fund managers pipped the S&P 500 at the post in 1999, returning 27.4% against the index's 25.7%. Small cap fund managers did particularly well, securing more than double the performance of the S&P 600 Small Caps Index, with an average 31% gain against the index's 12%. Last year's volatility gave fund managers plenty of scope for error. Market lea...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on uncategorised

Building Society-owned Newcastle Financial Advisers acquires Openwork firm

First of a number of acquisitions

Hannah Godfrey
clock 09 December 2019 • 1 min read

Bond managers fear hedges being undermined as liquidity dries up

The recent sell off in the bond market and growing liquidity issues have forced bond investors to use similar hedging techniques, undermining their effectiveness and causing concerns about how much downside protection funds really have.

Anna Fedorova
clock 03 July 2013 •

Police launch investigation into mortgage middleman fined £1m

West Midlands Police have launched a fraud investigation into a Birmingham financier over his role in sale and rent back agreements.

clock 25 June 2013 •