Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
“The main impetus comes from a poor stretch for returns that has tested investor faith. Only 12 per cent of US equity mutual funds have surpassed their benchmarks over the past decade, according to S&P. Even high-flying hedge funds have been brought down to earth, especially the classic long-short hedge fund, which bets on stocks both falling and rising.”
