Reported about 6 hours ago
As technology shares decline, active fund managers are benefiting from their historically low allocations to major tech stocks like Apple and Nvidia. Currently, nearly half of actively managed funds are outperforming benchmarks like the S&P 500, amid a market shift towards undervalued stocks. This change comes after a prolonged period where tech giants dominated market gains. While the tech sector faces challenges and a potential rebound remains uncertain, this environment is yielding positive results for stock pickers.
Source: YAHOO