Geffen dismisses short-term dives across global offerings

Neptune's Robin Geffen has dismissed undue focus on performance dives across his global funds, all s...

Neptune’s Robin Geffen has dismissed undue focus on performance dives across his global funds, all sitting at the bottom of their sectors over three months. The vehicles remain top-decile over three and five years but have suffered a short-term blip in recent market carnage. Over three months to 15 September, Global Alpha is last out of 97 Active Managed funds, while Balanced is 139/144 in Balanced Managed and Global Equity 190/192 in Global Growth. Global Alpha and Global Equity have both lost three times as much as their respective sector averages. Geffen said these falls are down...