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Don't Believe Everything You Read

Morningstar Articles

Thu, 1 Aug 2013

Listening to the Bear Last week, three professors (Gottesman, Morey, Rosenberg) released a study finding that retail mutual fund investors don't favor managers who outperform during downturns. Entitled Is There an Incentive for Active Retail Mutual Funds to Closet Index in Down Markets? Fund Perfor

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