Europe funds clutch at straws

Professional Adviser
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It has been a volatile year for European markets, where all have experienced falling performance. Ma...

It has been a volatile year for European markets, where all have experienced falling performance. Managers have been forced to react to minor market rallies and subsequent downturns and to seek firms that can withstand the difficult times. The Thames River European AAA with $149.53m assets under management was ranked second in the asset class over the year. The fund's performance dropped by 6.35% over the year, with volatility of 5.7. November was the middle of a year-end rally when the fund employed a market-neutral strategy, according to Neville Reeves, part of the management team for...

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