While There Is Love For Financial Stocks, That Sector Affection Is Not Equal
After the US Presidential election, decided trends took place among institutional investors in the financial sector. With financial stocks up nearly 6% year to date adding to strong November and December performance, significant portfolio rotation took place. A top overweight in both hedge fund and mutual funds portfolio following the Trump election include Capital One Financials and CMEGroup, while BlackRock is a hedge fund favorite and Goldman Sachs was an overweight . . .
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