Home » General World News » Stock pickers are making a big comeback

Affordable Business Search Form On Various Famous Websites...

Compare Hotels rates & Flight tickets prices from 100+ top booking sites at once..., Check the prices & save up to 80 %..., Click to find cheap, affordable travel offers, new deals campaigns... >>> www.travelkinds.com

Stock pickers are making a big comeback

Screen Shot 2017 07 13 at 1.39.48 PM

Stock pickers are having a big year.

In the first half of 2017, 54% of active managers outperformed their benchmark Russell 1000 index, according to Bank of America Merrill Lynch.

It was the first time the bank’s data showed that more than half of managers beat their benchmarks in the first half of the year. At this pace, they’re headed for their best year since 2007.

This outperformance was driven by following the crowd: Active managers tended to have large positions in the popular sectors that have delivered the market’s biggest returns.

“Sector positioning helped, as managers have been consistently overweight 1H’s read more >>>

Source:: BusinessInsider.Com

Comments are closed.