Dec
03

Mutual Funds May Be Over Those Big FANG Names, Goldman Data Show

By

The hedge-fund love affair with megacap tech may still be raging, but it looks like actively managed mutual funds have grown less fond of the group.

“Facebook, Amazon, Apple, Microsoft and Google were five of the six stocks with the largest declines in fund positioning last quarter,” Goldman Sachs strategists led by Ben Snider and David Kostin wrote in a note…

Mutual Funds May Be Over Those Big FANG Names, Goldman Data Show

Share
Categories : Finance

Leave a Reply

You must be logged in to post a comment.