Stability is a virtue not to be ignored when it comes to fund managers according to some investors. In their special "Investing in Funds"
section, the WSJ
reports that a new study by the S&P backs up the claim that funds that can keep one manager at the helm for a long period of time produce better returns. The study also found that the length of a manager's tenure was the "primary differentiator" when it came to funds that beat out their peers or indexes.
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