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February 7, 2012

Small cap stocks deserve a closer look

  • How did so many fund managers end up holding the wrong stocks? They were too cautious, says one analyst.
    • By DANIEL WAGNER
    AP Business Writer

    WASHINGTON — Underperforming money managers are losing their most reliable scapegoat.

    Since the 2008 financial crisis, the nation's professional stock-pickers — who manage billions for pension funds, endowments and wealthy families — have said stocks were too stuck-together to build smart, market-beating portfolios.


     
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