‘Magnificent Seven's’ dominance creates a challenge for fund managers who are struggling to catch up

The dominance of a group of megacap stocks, dubbed the "Magnificent Seven," has become a problem for mutual fund managers seeking to diversify their portfolios.

Aug 23, 2024 - 01:00
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‘Magnificent Seven's’ dominance creates a challenge for fund managers who are struggling to catch up
The dominance of a group of megacap stocks, dubbed the "Magnificent Seven," has become a problem for mutual fund managers seeking to diversify their portfolios.