(Bloomberg) For most of the year, trouncing the crowd in equities meant sitting on your technology stocks and waiting for the clock to run out. Over two weeks starting in late November, money managers on Wall Street got a reminder of how tough that wait can be. While you can’t tell from the Dow Jones Industrial Average, mutual funds just endured their roughest stretch of 2017, with nerves tested by an industry rotation that punished beloved picks while lifting everything they hate.
Fund Managers’ Great 2017 Comeback Almost Blew Up
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