In the Margins

Pursuing growth paid off for funds in '17

January 8, 2018

By The Wall Street Journal

In 2017, growth was all a mutual fund manager needed to pursue to reap a healthy return for investors. The year was “one of the few times that we have seen synchronized global growth, while interest rates remain near their historic lows,” said Andrew Peck, manager of Baron Asset Fund, which posted a 26% gain in 2017. Indeed, as John Bilton, a global strategist overseeing multi-asset class solutions for JPMorgan Asset & Wealth Management, pointed out in a report, it was “the best period of coordinated, above-trend global growth in almost a decade.” Read the original story from The Wall Street Journal.

 

 

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