Just One Percent Of Mutual Funds Clocked Positive Returns In 2015: GSMani
Mirroring the challenging market environment for investors, only 28% of large-cap mutual funds outperformed their benchmarks in 2016 with just 1% posting absolute positive returns, report Goldman Sachs analysts. David J. Kostin and team point out in their Feb. 26 research note titled “US Weekly Kickstart” that besides the volatile market, investors have been knocked off balance by a massive shift in factor performance under the surface of their portfolios.
GS retains year-end target of S&P 500 at 2100 . . .
This content is exclusively for paying members.
If you are subscribed and having an account error please clear cache and cookies if that does not work email [email protected] or click Chat.