In the Margins

Fund performance bounces back in 3Q

September 23, 2016

By CNBC

Mutual fund performance has been improving lately, though funds have not had a stellar year so far. Just 16% of large-cap mutual funds have outperformed basic market benchmarks so far in 2016, a rate close to historically bad levels for performance and well below the 10-year average of 37%, according to Goldman Sachs calculations. However, some 60% of mutual funds have beaten benchmarks so far in the third quarter. Read the original story from CNBC.

 

 

Most Read

Top of the Agenda - Compensation
IDC: Directors see modest pay increase in 2021

Independent mutual fund director compensation levels increased in 2021, though the year-on-year change was significantly lower than in 2020, according to new data obtained by Fund Board ...

Top of the Agenda - Regulatory
SEC to advisers: Turn over 15(c) documents, info

The Securities and Exchange Commission has begun requesting documentation and information from mutual fund advisers about their funds' 15(c) processes and fees. The Division of Enforcement ...