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July 27, 2015

2Q mutual fund review: Momentum stalls

  • The question now is whether the weak finish to the quarter is just a blip or hints at a larger slowdown in the years-long run for mutual funds.
  • By STAN CHOE
    AP Business Writer

    NEW YORK — Well, that was a disappointing ending.

    After years of nearly uninterrupted and strong returns, most mutual funds looked set to deliver another quarter of gains, albeit modest ones, for April through June. That is, it looked that way until the eve of the quarter's end, when a sell-off in global stock markets pulled down many funds.


     
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