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Why was the fund focusing only on biotechnology and not specialty pharmaceuticals?
The average American stock fund was down 16.2 percent, and the average fund focusing on Europe fell 23.7 percent.
REUTERS Man Group Starts Financials Fundnd | The Man Group has started the GLG financials alternative fund, focusing on financial companies, FINalternatives reports.
More recently, it invested $5 million in Sadara Ventures, said to be the first venture capital fund focusing on the Palestinian territories.
"The competitive landscape is very crowded," said Sam Snyder, a research analyst at Renaissance Capital, an independent research firm that runs a mutual fund focusing on initial offerings.
Over the last 1, 3, 5 and 10 years, only European index funds have consistently outperformed the average actively managed fund focusing on their regions.
Similar(25)
The Bowman Technology fund focused on large companies.
(The first fund focuses on midcap stocks).
The fund focuses on four sectors of the energy market.
Another is a fund focused on affordable housing in India.
Eureka Fund focuses on researchers still earning advanced degrees.
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