Hedge Funds Chase For Performance As The S&P 500 Approaches 2,600Guest Post
By Michael Kramer of Mott Capital
The S&P 500 continues to push higher, with the index now up nearly 12 percent so far in 2017. Data from Eurekehedge suggests that as a group hedge funds are underperforming the S&P 500 by as much as 9 percentage point. The lack of performance could help quietly push the S&P 500 another 4 percent higher on towards 2,600, while volatility remains at historically low levels.
The chase for performance is likely to push some of the best performing stock in . . .
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