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Wall Street Week Ahead: Licking their wounds, fund managers prep for rally in 2019

Reuters  |  NEW YORK 

By David RandallNEW YORK (Reuters) - With bond and equity markets from the United States to emerging markets all on pace to lose money this year, investors have not seen this much red on their screens since 1972, the last time no asset class returned at least 5 percent. Yet fund managers are finding things to like despite the recent market volatility, which sent the Dow Jones Industrial Average down more than 2 percent this week. As they start to position their portfolios for 2019, fund managers, from firms including ValueWorks, Sierra Investment Management and Federated Investors, say they ...

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First Published: Fri, December 07 2018. 17:45 IST