FABGM Stocks Save Hedge Funds As Tech Stocks SurgeRupert Hargreaves
FANG stocks are not only transforming the world, but they're also rescuing the hedge fund industry as well. According to Goldman Sach's latest Hedge Fund Trend Monitor report, the average long/short equity hedge fund has posted a 10% return year-to-date, the strongest performance since 2013. The bulk of this performance has come from funds' five top holdings, FB, AMZN, BABA, GOOGL, and MSFT, which . . .
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