No matter what’s happening in the macroeconomy, there’s one sector which just won’t get a clue. Large-cap tech continues to dominate the running of the bulls, and according to one hedge fund, active portfolio managers aren’t the ones driving the soaring valuations in the sector. So if passive funds are driving what can only be described as a large-cap tech bubble, what will happen if investment trends shift back in favor of active hedge funds? It won’t be a pretty picture, especially if another firm is correct in suggesting that the preference for passive funds will wind down soon. RBI…
Who’s Fueling The Large-Cap Tech Bubble? It May Not Be Who You Think
Michelle deBoer-Jones
Michelle deBoer-Jones is editor-in-chief of Hedge Fund Alpha. She also writes comparative analyses of stocks for TipRanks and runs Providence Writing Services. Previously, she was a television news producer for eight years, producing the morning news programs for NBC affiliates in Evansville, Indiana and Huntsville, Alabama and spending a short time at the CBS affiliate in Huntsville.