Wall Street shift: Investors embrace high-risk, high-reward strategies
In a landscape dominated by Big Tech, Wall Street's active managers face an uphill battle. With passive funds flourishing, a daring few are embracing high-risk strategies, focusing on a select few American companies. The trend towards smaller, concentrated portfolios is evident, with ETFs and mutual funds alike trimming down their holdings. While this approach offers potential for standout gains, the stakes are higher. Yet, for those confident in their picks, it's a risk worth taking, challenging conventional diversification wisdom.
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By Katie Greifeld
For active managers who spread out their bets across the world's largest stock market, these are harsh times on Wall Street.Â
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