Mutual fund performance makes hedge funds look good!Rupert Hargreaves
Mutual fund performance makes hedge funds look good
Only 16% of large-cap mutual funds are beating their benchmarks year-to-date, according to Goldman Sachs’ Mutual Fundamentals Portfolio Strategy Research report published at the end of last week.
Mutual Fundamentals analyzes positioning of 435 mutual funds with $1.5 trillion of assets under management.
The report, which looks at trends, developments and the performance of funds across the mutual fund industry the current percentage of funds beating their benchmark is less than half the 10-year average of 37%. Large . . .
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