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Star Managers Giving Gains Back In Hottest Area Of Stock Market: (BCSIX) - (DFCIX)
FYI: Star money managers who were raking in gains in the market’s hottest sectors just suffered their worst week in two years.
The $5.4 billion Brown Capital Management Small Company Fund and the $1.5 billion Delaware SMID Cap Growth Fund, both of which beat 97 percent of their peers over past five years, sank 6.6 percent last week for their worst performance since January 2016. The $2.3 billion Alger Small Cap Focus Fund dropped 7 percent after beating its benchmark at an annualized rate of almost 10 percentage points in the past three years. Regards, Ted https://www.fa-mag.com/news/star-managers-giving-gains-back-in-hottest-area-of-stock-market-41273.html?print
