CNBC – Hedge fund managers say there’s still plenty of money yet to be made in the stock market—it’s just a matter of picking the right companies.
“We believe almost every sector has some alpha opportunity,” Jacob Gottlieb, chief investment officer at $6.5 billion hedge fund firm Visium Asset Management, said Wednesday at the Absolute Return Symposium in New York City. “Alpha” refers to an investment manager’s return above the market index, presumably from skill.
