The Market Barometer remains normal. The S&P 500 extended its January gains in February, rising another 4.3% during the month. The international MSCI EAFE Index moved higher with a 5.7% increase for the month. In February, the average US active equity fund posted a 4.2% gain while international active equity funds slightly underperformed the index and posted a 5.2% return. US Active managers have underperformed by -3.6% while international active managers outperformed by 2.6% during over the past year.
Future Growth remains the top performing one month US strategy, while Quantitative was the best performing one year strategy. On the international side, Future Growth posted a 5.6% gain and is the best performing strategy at 13.2% for the first two months of 2012.
Download the full report: Athena Perspectives – March 2012