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Wisconsin Deferred Compensation cutting American Beacon fund from lineup


Wisconsin Deferred Compensation cutting American Beacon fund from lineup
Wisconsin Deferred Compensation cutting American Beacon fund from lineup
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Wisconsin Deferred Compensation Program, Madison, will remove the American Beacon Bridgeway Large Cap Value Fund from its investment options lineup.
The $5.9 billion 457 plan s board at its March 11 meeting approved terminating the fund managed by American Beacon Advisors and subadvised by Bridgeway Capital Management due to underperformance, said Shelly Schueller, director of the deferred compensation program, in an email.
According to a memo from Ms. Schueller included with meeting materials, the fund had $19 million in assets in the plan as of Dec. 31. Record keeper Empower Retirement will conduct a shortlist search for a replacement and present its findings at the June 10 board meeting. ....

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Investing advice: Fund manager beating 99% of peers says bet on value


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Eli Salzmann
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Eli Salzmann s Large Cap Value Fund has beaten 99% of its category peers over the past five years. 
It uses bottom-up research to spot catalysts that can help normalize earnings within 18 months. 
He explains why value is the place to be in for years and shares 2 stocks that offer margin growth. 
Investors in Eli Salzmann s large-cap value fund have quadrupled the returns of the Russell 1000 Value index this past year, which doesn t come as a surprise given the fact that the fund has been trouncing the benchmark for over half a decade.  ....

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Is It Time For Value? Neuberger Berman Top Ranked Value Manager Says It Is As Fund Achieves Top 1% Rank For 3 And 5 Years

The Neuberger Berman Large Cap Value Fund Institutional Class (ticker: NBPIX) (the "Fund") generated a 14.67% return for the 2020 calendar year, ranking in the fourth percentile of Morningstar, Inc.'s Large Value Category (out of 1,200 large value funds), and outperforming the Russell 1000 Value Index return of 2.80% by 1,187 basis points. The Fund's returns were 12.19% for the three years, 15.56% for five years, and 10.68% for 10 years ended December 31, 2020 placing it in the 1st (out of 1,128 large value funds), 1st (out of 998 large value funds), and 26th (out of 716 large value funds) Morningstar, Inc. percentiles respectively. The Fund's Institutional Class generated a 28.66% return for the fourth quarter of 2020, ranking in the second percentile of Morningstar, Inc.'s Large Value Category (out of 1,215 large value funds). ....

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