Stock Market Rally Catches Fund Managers By Surprise

02.10.2012 By Roxana Pricop

The market rally at the beginning of this year was so surprising that even managers of equity funds had not seen it coming. As a result, the most profitable mutual funds were those less actively managed that matched the structure of stock exchange indices.

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Keywords:
STOCK EXCHANGE
, BOURSE
, SHARES
, MUTUAL FUNDS