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

Facebook cuts ties to data brokers in blow to targeted ads
March 28, 2018
Uber reaches settlement with family of autonomous vehicle victim
March 28, 2018
This post was originally published on this site

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.