July 01 2009
Ranking the Buyside: Beaten by the Index
Exceptional volatility caused by the global financial crisis has wiped out much of the last five years of hefty fund gains. Managers struggle to position for recovery.
by Ben Miller
Fund managers focused on Latin America were caught with their pants down when global markets erupted in 2008. Though many will claim in hindsight to have had doubts about subprime mortgages or emerging markets valuations, few were prepared for the mayhem in even the region’s best equipped ...
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