Active managers are beating the market again and Goldman has a strategy to ride their coattails

  • 📰 CNBC
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 72%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

Active managers are having a breakout year and Goldman Sachs has a way to mirror their strategy.

The share of mutual funds outperforming their benchmarks this year up to 42% in 2019 so far — beating their 10-year average of 34%, according to analysis by Goldman Sachs. The firm has a portfolio to track stocks where these funds have the most overweight positions. This year, the basket of stocks has outperformed the S&P 500 by 2.4 percentage points.

Although actively managed funds are still seeing net outflows, the exits were "significantly" lower this year. "Solid YTD fund returns, elevated uncertainty, and a 'late-cycle' mindset among investors have also likely reduced outflows from active management in 2019 relative to the past few years," Goldman Sachs chief U.S. equity strategist David Kostin said in a note to clients Wednesday.

Goldman tracks performance through 50 stocks where the average large-cap funds are more bullish. The funds are most overweight

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 12. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Stock picking is making a comeback with nearly half of managers beating the marketStock picking is making a comeback as active investors are on pace for one of their best years in a decade. 4 GROWTH companies worth review with analysis for greater stock price increase; 1)NRG METALS, INC(NRGMD), 2)SAUER ENERGY (SENY), 3)XSUNX (XSNX) 4)WEB TO DOOR/SUPERVA GROUP(SPRV)//These 4 growth companies are unique in development w/ contribution to US economy+ I guess so with the huge tax breaks Gosh, could that possibly be because the market has basically gone sideways over the last rolling year?🤷‍♀️
La source: CNBC - 🏆 12. / 72 Lire la suite »