Goldman Says Hedge Funds Wedded to Top Picks Like Never Before

  • Top 10 positions account for 68% of fund assets, the most ever
  • Higher return dispersion in stocks said to present opportunity

The Day of Reckoning May Have Arrived for Hedge Funds

Hedge funds, who’ve seen their reputations take a beating in recent months, have not suffered a corresponding hit to their confidence, at least as far as stock-picking goes.

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