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How These Portfolio Managers Defied The Rout

These three wealth managers beat the benchmarks as most peers ended with losses.

A fishing boat sits on a beach as a storm moves in during sunset in Lampuuk, Aceh province, Indonesia. (Photographer: Dimas Ardian/Bloomberg)
A fishing boat sits on a beach as a storm moves in during sunset in Lampuuk, Aceh province, Indonesia. (Photographer: Dimas Ardian/Bloomberg)
A handful of wealth managers beat the benchmarks even as small and mid-cap rout dragged India’s top portfolio management firms into losses in 2018.DMZ Partners Investment Management Ltd., Multi-Act Equity Consultancy Pvt. Ltd. and IIFL Wealth Management Ltd. were among the managers which returned gains more the Sensex and Nifty last year. While the strategies they followed were disparate, the focus on quality was the common theme.
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