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Stock pickers’ paradise: market breadth is at a 20+ year high”.

Alexandra Morris, Investment Director
Skagen, 27 January 2023



"This was most clearly illustrated by the US where poorly performing mega-cap growth companies dragged down the entire market. This saw the majority (58%) of stocks outperform the market (see chart), helping most (62%) active managers to beat the index."


The above excerpt and chart are sourced from the report "CIO Update: Survival of the fittest", by Alexandra Morris, Skagen, January 27, 2023.