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Mutual funds struggling with record underweight in megacap tech stocks, says Goldman Sachs

By: MarketWatch

August 24, 2023 at 16:48 PM EDT

Mutual funds are underweight megcap technology stocks despite chasing some during the second quarter, leaving them struggling to beat their benchmarks, according to analysts at Goldman Sachs Group.

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Mutual funds struggling with record underweight in megacap tech stocks, says Goldman Sachs