Virtus bites bullets with F-Squared firing, Dorsey Wright hiring and an admission that it'll likely pay a $5-million-plus SEC settlement
The Hartford fund company set aside $5.2 million, warned it may need more and is replacing interstellar algorithms with a Virginian's figurings
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November 18, 2022 at 2:56 AM
Sr. Consultant
Asset Manager for RIAs
Top Executive: Stephen Winks
The Chesapeake Funds
Asset Manager for RIAs
Top Executive: Whit Gardner/John Lewis
Ashley
If you look at Dorsey Wright performance since 1994 they haven’t beat the market and lost just as much as the market did in bear markets. Only there hypothetical models how good past performance and that is because after the lost money too in 2008 they revised their models to make them look better my restating the hypothetical performance. If you look at the total performance of all their funds and manged accounts you’ll see in some cases they lost even more than the stock index.
