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Article: Large-cap growth fund performance strong: S&P.
- Article from:
- Investment Adviser
- Article date:
- August 16, 2004
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VALUE fund managers have seen stronger performance this year, according to Standard & Poor's.
Growth managers, particularly those focusing on large-cap companies, found themselves outclassed during the first half of 2004 by value-oriented and smaller-cap fund managers.
The S&P survey, which interviewed global equity fund managers, found the majority were still cautious on the outlook for the rest of the year, believing markets would stay flat.
Of the 101 global managers surveyed, S&P discovered that value strongly outperformed growth since the rally in the first half of 2003. Global smallcaps were also continuing to outperform substantially in the second half of ...