AI Rally Crushes Stock Pickers With Just 1 in 4 Beating Market
Active managers who briefly looked like they might finally have their moment earlier this year are once again confronting a familiar problem: a market rally driven by a tiny group...
By Alexandra Semenova · Bloomberg Markets
Active managers who briefly looked like they might finally have their moment earlier this year are once again confronting a familiar problem: a market rally driven by a tiny group of tech megacaps that diversified portfolios simply can’t keep up with.