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`Trump Trade` winners switch into battered retail, biotech shares

A trader looks at screens while working on the floor of the New York Stock Exchange (NYSE) in New York, U.S., March 27, 2017. REUTERS/Lucas Jackson Some of the actively managed funds that have performed the best since the Nov. 8 presidential election are switc... More »

Fund managers boost bets on health care even amid high prices

NEW YORK Last July, when Federal Reserve Chair Janet Yellen spurred a sell-off in healthcare stocks by saying that valuations in shares of biotech companies looked “stretched,” portfolio manager Graham Tanaka saw an opportunity. After a year-long buying spree,... More »