KM Financial Solutions | CORRECTED-FANG stocks’ bite has U.S. fund managers looking for alternatives
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CORRECTED-FANG stocks’ bite has U.S. fund managers looking for alternatives

CORRECTED-FANG stocks’ bite has U.S. fund managers looking for alternatives

NEW YORK, March 28 (Reuters) – Fund managers have begun to
ditch so-called FANG stocks that powered the U.S. stock market
to record highs in January and are slowly rotating into
commodity-related shares and other value stocks which typically
outperform in late-cycle recoveries.

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