Poor recent relative performance to sector/peers14 Nov 2022 08:52
I hold MNG, JUP and ABDN, all are in the Asset Managers & Custodians industry sub-sector.
Over the last 12 months MNG has basically done nothing whilst JUP and ABDN dropped 45-60% Jan-Oct 2022 but have risen dramatically over the last couple of months and around 50% in the last month.
Can somebody explain this performance disparity. I'm looking to trim this sector as overweight, but I am not informed enough. Thanks in advance.