Reported 15 days ago
Macquarie Asset Management's third-quarter 2025 investor letter discussed the performance of the Macquarie Large Cap Growth Fund, noting that Meta Platforms, Inc. (NASDAQ:META) remains an underweight position despite its technology advantages and large user base. The fund experienced positive returns but underperformed relative to the Russell 1000 Growth Index. While Meta showed a significant year-over-year gain, the fund's management believes other AI stocks present better investment opportunities with less risk.
Source: YAHOO