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

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

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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 »