Global Research ab 6 January 2025 US Equity Strategy - Large Cap Core Large Cap Core Manager Performance - January 2025 Manager Performance vs. S&P 500 Large Cap Core managers trailed the S&P 500 by -2.8% in 2024 (22.2% vs. 25.0%), net of fees. During 4Q, managers lagged by -0.7%, with the underperformance taking place primarily in December. Sector vs. Stock Impacts on Manager Performance 2024: Sector decisions added +1.0% to performance in 2024. An overweight position in Financials and Industrials added 1. ...