More than two-thirds of actively managed European stock market funds underperformed their benchmarks in the first half of the year, according to data...
More than two-thirds of actively managed European stock market funds underperformed their benchmarks in the first half of the year, according to data released Tuesday.
The underperformance was particularly stark in France, where 85% underperformed the benchmark. According to S&P, 65% of euro-denominated U.S. funds underperformed in the first half.
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