CORRECTED-FANG stocks’ bite has U.S. fund managers looking for alternatives
08 Apr CORRECTED-FANG stocks’ bite has U.S. fund managers looking for alternatives
Posted at 14:56h
in
News
by KMFSLLP
NEW YORK, March 28 (Reuters) – Fund managers have begun to
ditch so-called FANG stocks that powered the U.S. stock market
to record highs in January and are slowly rotating into
commodity-related shares and other value stocks which typically
outperform in late-cycle recoveries.
Sorry, the comment form is closed at this time.