OBSR investment research analyst Sarah Bewley picks her top US funds.
US market indices are notoriously difficult to outperform. We think there are few reasons for this: the market is well analysed and relatively efficient making it more difficult to achieve an information edge; the S&P 500 index is an actively managed index which can change at any time (the S&P 500 committee not only considers corporate actions but also makes subjective judgments on company and sector weightings in the index – the majority of changes in other indices are rules-based); an increase in the volume of trades from hedge funds and other high frequency trading vehicles which can dis...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes