Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Are Alt Mutual Funds 'Disappointing'? Not Rated 3.0 Email Routing List Email & Route  Print Print
Monday, September 26, 2011

Are Alt Mutual Funds 'Disappointing'?

News summary by MFWire's editors

Although investors have shown their love for alternative mutual funds in recent years, one Morningstar analyst says these fund have missed the boat when it comes to rallies.

The recent period of high volatility "is precisely the market environment when you would want these funds," according to Nadia Papagiannis, an analyst at investment researcher Morningstar. But she calls the funds' three- and five-year track records "disappointing." For example, from Jan. 1 to July 22—a period in which the S&P 500 jumped 8.1 percent—the average long-short fund gained just 1.25 percent.

Jonathan Lamensdorf, PM of the Highland Long/Short Equity Fund[see profile], offers that long-short funds have performed as they should. This breed is "not designed to slaughter the S&P 500," he told the pub. 

Edited by: Hung Tran


Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

3.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2019
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use