Portfolio Managers Beat Benchmarks In First Half As Virus Ravaged Stocks

India’s top portfolio managers returned best quarterly gains at least since 2018 as stocks recovered from the March selloff, the worst in more than a decade, triggered by the Covid-19 pandemic.While monthly returns remained volatile over four months amid uncertainty, April and June showed recovery, according to data released by the market regulator after four months since deadlines for disclosures were extended. Portfolio managers ou...