Tesla’s S&P 500 Entry Takes Away Secret Weapon for Stock Pickers
(Bloomberg) -- The celebration that has greeted Tesla (NASDAQ:TSLA) Inc.’s addition to the S&P 500 has the potential to leave one of its constituencies cold: star managers who have ridden the electric-car maker’s ascent to superior returns. Not many of the 215 active managers with at least $500 million in assets whose funds are indexed to the equity gauge have ventured to invest...
Continue reading