In a Russell Investments’ most recent Active Manager Report, it was found that amidst the severe market turmoil evidenced in the third quarter of 2008, 65% of large cap Canadian equity active managers beat their benchmark. This is comparable to 41% of large cap Canadian equity active managers beating their benchmark in the second quarter, 20% in the first quarter, and the highest since the first quarter of 2007. While the S&P/TSX Composite Index was down -18.2% in Q3/08, the median large...
