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Posted on: July 18, 2016, 3:30 p.m.
If you’ve been keeping an eye on the performance of hedge funds and mutual funds over the past 12 months or so you will have noticed that one of the themes in performance that’s become clear is the underperformance of funds with the highest allocation to crowded positions. This shouldn’t come as a surprise to anyone that’s been following crowded position reports or performance this year. Another report from Bank of America at the beginning of 2016 showed that the ... Full investment news article