Skip to main content
Advertising

Originally published Thursday, March 28, 2013 at 1:53 PM

  • Share:
           
  • Comments (0)
  • Print

News Summary: Fund managers underperform again

DISAPPOINTING YEAR: Managers of stock mutual funds had a tough time beating the market in 2012, with two-thirds failing to achieve that goal. That's according to S&P Dow Jones Indices, which releases annual scorecards of fund performance.

The Associated Press

Most Popular Comments
Hide / Show comments
No comments have been posted to this article.
Start the conversation >

advertising

DISAPPOINTING YEAR: Managers of stock mutual funds had a tough time beating the market in 2012, with two-thirds failing to achieve that goal. That's according to S&P Dow Jones Indices, which releases annual scorecards of fund performance.

THE NUMBERS: U.S. stock funds that are actively managed, rather than track an index, posted an average return of 14.7 percent. The market's return was 16.2 percent, as measured by the Standard & Poor's Composite 1500.

REPEATING PATTERN: Last year was the sixth time in the last 10 years that a majority of managed funds failed to beat the market.

News where, when and how you want it

Email Icon


Advertising
The Seattle Times

To keep reading, you need a subscription.

We hope you have enjoyed your complimentary access. Subscribe now for unlimited access!

Subscription options ►

Already a subscriber?

We've got good news for you. Unlimited seattletimes.com content access is included with most subscriptions.

Subscriber login ►