Risk On: Hedge Funds Quest For Performance

(Valuewalk) The S&P 500 continues to run higher, with the index surging to nearly 2,530. It is now about 70 points from our year-end target of 2,600 which has to make you wonder if 2,600 to low? Fund managers also continue to badly underperform the broader S&P 500 index, which is pushing the risk-on trade.

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