Not all American managers are wearing rose-tinted spectacles

Diverging opinions on the fate of the US economy are leading US long/short managers to adopt disparate view on how best to enhance performance in their portfolios.

While some are banking on economic recovery, of which there have been some positive signs, others believe the market will retrace some of its recent gains.

Robert Lang, chairman and chief executive of Lang Asset Management, is in the pessimistic camp. Lang's US long/short portfolio is positioned 100% short, with the best shorting

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