Despite record highs, fund managers globally remain underweight Apple

May 2, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

NEW YORK (Reuters) – Active stock fund managers around the world are holding the lowest percentage of Apple Inc shares in their portfolios when compared to the iPhone maker’s overall weighting in indexes, even as the shares hit record highs, according to a research note by investment bank UBS late Monday.