European fund managers have moved to a more growth-oriented style, according to research from asset ...
European fund managers have moved to a more growth-oriented style, according to research from asset management technology provider SEI Investments. The group also found that 60% of actively managed UK Funds are hugging the FTSE All-Share Index. SEI measured the style bias of 518 funds in the Lipper UK unit trust universe against the style bias of the FTSE All-Share Index over a four year period ending September 2002. Based on this comparison, over half of the funds fail to deviate significantly from the style bias of the FTSE All-Share Index, said Mark McCarron, director of manager rese...
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