In the Margins
There are a few common characteristics among the favorite stock picks of mutual and hedge funds—and the most important common element is that their picks are all getting crushed this year. Mutual funds and hedge funds have both underperformed the S&P 500 year to date by 0.9 percentage points and 2.8 percentage points, respectively, according to a report by Goldman Sachs released Monday. Read the original story from MarketWatch.
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