Signage is displayed outside Morgan Stanley & Co. headquarters in the Times Square neighborhood of New York.
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Dennis Lynch steers a mutual fund whose bets on Amazon and Zoom Video have helped it beat the market by more than 30% so far this year, but he isn’t isn’t ready to celebrate just yet.
The Morgan Stanley Insight Fund was one of the top 10 large cap growth funds last decade, according to Morningstar, with an annualized return of 17.11%. That success has continued so far in 2020 in dramatic fashion, with the fund rising by more than a third year-to-date, according to Morningstar.
Lynch described the fund’s performance so far this year as…