Aug

Long-Only Mutual Funds Have Turned Into the Stock Market’s Daredevils

Net leverage at long-short funds reaches historic low
Overweight stocks this year are beating S&P 500 Index

A yawning divide is opening between the stock market’s biggest players when it comes to risk tolerance.

On one side are long-only mutual fund managers, burdened with keeping up with the S&P 500 as it marched to 30 different records this year. Measured by their ownership of stocks with the highest volatility, they’re sitting on some of the most aggressive bets in three years, data from Morgan Stanley show…

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Long-Only Mutual Funds Have Turned Into the Stock Market’s Daredevils

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