Group 1 - The article highlights significant global events since summer 2023, including the rise of generative AI, the cultural adoption of anti-obesity drugs, and the performance of the "Magnificent 7" companies [1] Group 2 - The generative AI sector has experienced explosive growth, indicating a transformative impact on various industries [1] - Anti-obesity drugs have gained widespread cultural acceptance, suggesting potential shifts in healthcare and pharmaceutical markets [1] - The "Magnificent 7" refers to a group of companies that have seen substantial stock performance, reflecting investor interest and market trends [1]

20 May 2025 | 4:44PM EDT 更多资料加入知识星球：水木调研纪要 关注公众号：水木Alpha Mutual Fundamentals Funds post strong performance despite low "active share" Mutual Fundamentals analyzes the quarter-end positioning of 541 large-cap active mutual funds with a combined $3.5 trillion in equity assets. 1. PERFORMANCE AND FLOWS: Mutual funds have continued their strong relative performance YTD, with 50% of large-cap funds outperforming their benchmarks versus the historical average of 37%. Inflows to large-cap mutual funds and ETFs hav ...