Managers who invest in large-cap growth stocks took it on the chin in 2022, but those who stuck with their picks have bounced off the mat in early 2023. The Russell 1000 Growth Index’s 29.1 % decline was its worst yearly drop since the global financial crisis in 2008. For the year to date through Feb. 23, 2023, however, the index was up more than 8%.
Direct’s portfolio analysis tools can show which of last year’s hard-hit funds have been hitting back recently.