Among 23 small-cap funds with three-year track records, 5 outperformed their benchmarks. These funds demonstrated strong performance, especially during market downturns, as indicated by a down capture ratio below 100%.
Accenture shares tank 11% despite beating Q3 revenue estimates. Infosys ADRs fall 3%
Accenture’s shares plummeted despite exceeding third-quarter revenue expectations, driven by AI-related service demand. The company faces challenges from reduced U.S. federal contracts. Consequently, Indian IT