Foul five US funds shedding money

The S&P 500 has risen 13.7% in the past year, demonstrating a significant recovery in the US equities market, but not all funds have followed suit. We reveal the worst offenders here…

Foul five US funds shedding money

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While many are reaping the benefits of the strengthening market, which has increased 7.7% year-to-date, some fund managers are still plagued by poor performance, and dwindling investor confidence has led to significant outflows from their funds in the past year.

Read on to find out which of these big-name fund managers are languishing in the bottom quartile having lost up to half of their assets in the past 12 months…

 

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