The S&P 500 index is up 20% in 2013, highlighting the good year US investors have had so far. Somewhat surprisingly, however, some of the best known and widely owned ‘blue chips' have barely budged. In some cases, they have actually seen their share prices fall. Could this mean there is a catalyst for another move up in the index as some of the giants play catch up? Nick Ford, co-manager of the CF Miton US Opportunities fund, investigates why some of the best known US stocks have performed so poorly this year.
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