Beyond Correlation: Using Active Style™ to Understand and Display Fund Performance
November 8, 2012 
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To say that the post-Financial Crisis, Fed-fueled investing climate is one of markedly high correlations has become platitudinous. Managers of U.S. equity mutual funds know this all too well; the ability of the S&P 500 to explain their returns has risen to very high historical levels, with the average large blend fund exhibiting an R2 [...]
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