How the top stock fund managers of 2024 outwit their peers — and their big bets for 2025
Ankur Crawford, Thomas O'Halloran, and Patrick Kelly
Alger Funds; Lord Abbett; Akin Oyedele/Business Insider
- The stock market surged by more than 20% in 2024, surprising most strategists.
- Growth-focused mutual fund managers excelled, driven by investments in technology firms.
- They remain optimistic for 2025, despite concerns over valuations and tariff impacts.
This year's 25% stock-market surge surprised most strategists, though a handful of fund managers seemed to know what was coming.
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