Despite the market, 70% of money managers are bullish on large-cap growth stocks, according to the latest findings of a Russell survey.

"To understand the managers' allegiance to what have been out-of-favor market segments, we have to consider some historical perspective," said Randy Lert, chief portfolio strategist at Russell Investment Group. "Over the past decade, the Russell 2000 Value Index has outperformed the Russell 2000 Growth Index significantly outside of historical norms, and investment managers believe that such a level of disparity between market segments may not be sustainable." Those managers who responded to the Russell survey believe that the market segment will move from value to growth.

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.