News From Press PMSes deliver over 50% return for Q1, but a few high-profile ones lag

PMSes deliver over 50% return for Q1, but a few high-profile ones lag

Data showed at least 169 strategies managed to deliver positive returns to clients.

The Economic Times Jul 9, 2020

A number of portfolio managers for high net worth investors managed to generate robust alpha in June quarter amid a sharp reversal in domestic equities from the March lows. But a few of the high-profile ones lagged behind on the quarterly performance chart. Data showed at least 169 strategies managed to deliver positive returns to clients, out of which 55 outdid NSE benchmark Nifty for the three-month period.

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