Indeed, it is a short-time frame to measure success, but the results are still pretty damning. [timeless] A scant 1 percent of fund managers trading British stocks outperformed the index since the market crash of August 25 (one day after the U.S. crash on August 24). Indicating that investors might be better off devoting a large percentage of their portfolio towards index funds, only three actively managed funds out of 258 surveyed by FE Trustnet have delivered performance above the benchmark FTSE All Share index, which is up 7.2 percent from August 25 til October 13. As FTSE stock index delivers…
Only 3 British Fund Managers Outperform FTSE Since Crash
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.
