FANG stocks' bite has U.S. fund managers looking for alternatives

NEW YORK (Reuters) - Fund managers have begun to ditch so-called FANG stocks that powered the U.S. stock market to record highs in January and are slowly rotating into commodity-related shares and other value stocks which typically outperform in late-cycle recoveries.

from Reuters: Business News https://ift.tt/2Gfk6nX