Most Active Funds Trailed Benchmarks in Q3: BofA - NewsBreak
By Tarikul in Business
Updated 2 years ago
Large-cap active funds largely performed in line with their benchmarks in September, outperforming by 1 basis point on average, BofA Global Research reported Monday. Volatility returned in September, with a 40% jump in the VIX as the S&P 500 posted a 4.7% loss, its worst month since March 2020. For...