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Goldman VIP Stocks Lag S&P After Successful Run

The Wall Street firm’s basket of hedge fund stocks that matter the most fare better without Internet and media stocks.

Goldman Sachs’ basket of stocks that “matter most” to long portfolios of hedge funds lagged the Standard & Poor’s 500 index through mid-May by 100 basis points, or 1 full percentage point. This comes on the heels of a 9 percentage-point outperformance in 2013 and a 7 percentage-point outperformance in 2012. However,

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