Mutual Funds Have Brutal 2015 After Missing Out On FANG CrazeRupert Hargreaves
Only 27% of large-cap core mutual funds have outperformed the S&P 500 year-to-date, according to Goldman Sachs' analysis of 708 mutual funds with $1.2 trillion of assets under management, as they were underweight many of the hot stocks, including Facebook, Amazon, Netflix and Google, also known as FANG.
Goldman's Mutual Fundamentals research report, part of the its pool of portfolio strategy research, provides a broad overview of the mutual fund market and gives . . .
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