Two-thirds of UK equity managers failing to beat targets, MAS research shows

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ALMOST two thirds of UK equity managers failed to beat their outperformance targets during the past three years, new research reveals.

Mellon Analytical Solutions surveyed 488 pension funds with assets of £207bn and found managers hit their targets in just 37pc of UK equity mandates in the three years to December 31, 2006. Forty f...

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