Reported about 10 hours ago
As the S&P 500 sees gains following the post-election rally, portfolio managers are under pressure to outperform the index, which has risen by about 25% this year. This situation may lead to some 'performance chasing' as managers buy stocks to enhance their fund's performance before year-end, despite only around 30% of S&P 500 stocks exceeding the index.
Source: YAHOO