MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Tuesday, August 27, 2013 Daily News Takes on the Bond Fund Bust If Index vs. Active were a boxing match, active bond funds would be kissing the canvas. Over five years ending June 30, Standard & Poor's Active vs. Fund Scorecard shows that 59 percent of active funds could not beat the S&P Composite 1,500, the Daily News Joseph Lisanti reports. What is important to note, however, is that active stock funds have a performance advantage over active bond funds. Active managers met or beat stock benchmarks in most categories, with the exception of emerging markets and madcaps, on an asset-weighted basis, Lisanti writes. Stocks can beat the market, but not in a way that is easy to predict, Lisanti writes. Bond funds didn't fare so well, however, with 75 percent of active bond fund managers failing to beat the fixed-income benchmarks, Lisanti reports. To read more, click here. Printed from: MFWire.com/story.asp?s=45757 Copyright 2013, InvestmentWires, Inc. All Rights Reserved |