Select Bets Help Portfolio Managers Cushion Losses In February

India’s top portfolio managers suffered losses on average for the second straight month in February, mirroring the broader market which has fallen due to uncertainty over the upcoming general election.Still, about 21 of the 50 portfolio managers tracked by BloombergQuint—with Rs 1.03 lakh crore in assets—returned gains in February, according to data by Securities and Exchange Board of India. That compares with three firms that return...