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February 13, 2017

Is stock picking ready to make a comeback?

  • After watching hundreds of billions shift into index funds, active managers see cause for optimism as stocks become more diverse and more volatile.
    • By STAN CHOE
    AP Business Writer

    NEW YORK — They're some of the most-shunned people in investing, and if there were ever a time for them to make a last stand, it's now.

    After watching hundreds of billions of dollars head out the door, stock-picking managers of mutual funds say conditions are starting to turn in their favor, and they're in the best position in years to finally beat index funds. A lot is riding on whether they do. Predictions for the death of stock picking aren't slowing, and they're coming closer to truth with each dollar saying goodbye to the industry.


     
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