本文档仅供上海信鱼私募基金管理有限公司18860455898研究使用，请勿外传 ab 8 January 2025 Global Research US Equity Strategy - Small Cap Core Small Cap Core Manager Performance - January 2025 Manager Performance vs. Russell 2000 Small Cap Core managers led the Russell 2000 by +0.7% in 2024 (12.2% vs. 11.5%), net of fees. Despite outperforming by +1.0% in December, managers lagged the benchmark by -0.3% in 4Q. Sector vs. Stock Impacts on Manager Performance 2024: Sector decisions added +1.3% to performance in 2024 driven primarily by an ov ...