(Opalesque) The low breadth in the hedge fund industry and the financial market is causing crowdedness, but it’s not always a bad thing, said Katherine Grant, equity and hedge fund specialist of LGT Capital Partners.
Grant explained at the latest Opalesque 2016 New York Roundtable, “There are numerous ways to measure crowdedness, but we monitor the Goldman VIP list. Stocks on that list have actually outperformed over time. 2016 is the first year where it has massively underperformed – this is why crowdedness has become such an issue this year.”
