Advisors confront Magnificent 7 concentration risk in portfolios
✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source
Advisors are addressing concentration risk related to the Magnificent 7 in investment portfolios. The term Magnificent 7 appears to refer to a specific group of stocks, although their identities are not specified. Efforts to mitigate this risk include the launch of new exchange-traded funds (etfs) in march.