Investors are trying to regain footing after the worst start to a year for U.S. equities on record.
“The markets are all over the place in terms of what’s attractive and what’s not attractive, and there are some pretty big gaps,” said Jason Pride, the Philadelphia-based director of investment strategy at Glenmede, which oversees $30 billion. “We’re taking a fairly active approach in U.S. equities and perhaps even a bias toward the safer side of U.S. equities.”