3 ms·
> to beat 99% of its long-short equity fund peers this year Titling an article on a fund's relative performance from a mere 11 months is a pretty amateur click
by mattewong 4y ago
> to beat 99% of its long-short equity fund peers this year
Titling an article on a fund's relative performance from a mere 11 months is a pretty amateur click-bait move. For obvious reasons, no fund would ever be legally allowed to put that in marketing materials (without a ton of up-front in-your-face disclaimers and caveats most likely also requiring disclosure of the same figure over longer time horizons); it's unfortunate that Bberg, whose journalism imho is generally pretty good, allowed this to be printed in this manner. Not saying the fund doesn't deserve the credit that the title suggests, but only that the evidence presented in the article is very insufficient to support that suggestion.