Tag:
Fund Performance
Latest Headlines
Latest Headlines
More failed hedge funds managers start over
When it comes to hedge fund performance monitoring, survivor bias has long been an issue, as it has with mutual find performance monitoring. At a time when lots of funds are shutting down, the problem is worth noting.
Many fund managers are shutting down their old, returns-challenged funds and
Fund managers, better to own shares in own fund?
Morningstar has found that mutual funds whose managers have more than $1 million or more of their own money invested in their fund ranked in the 42nd performance percentile on average over five years. Funds whose managers own no shares fared much worse on average, ranking in the 54th percentile.
