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LFIS on the GAFAM Factor: Myth or Reality?

The conventional wisdom is that US equity market are highly exposed to the “Gafam factor” (Google, Apple, Facebook, Amazon and Microsoft). LFIS’ experts dig into the historical data to reveal that GAFAMs’ contribution to the risk and return profile of US stock markets is significantly overstated. In reality, the GAFAM risk factor is no more significant than that represented by other major industry sectors.

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