In the Margins

Large fund firms hit by high-yield selling

January 13, 2016

By The Wall Street Journal

Some large mutual fund firms were hit hard by selling in the U.S. junk-bond market last month. In addition to Third Avenue Management LLC, Loomis Sayles, Ivy Investment Management Co., and Waddell & Reed Financial Inc. suffered large investor withdrawals and declines in their net asset values. Read the original story from The Wall Street Journal.

 

 

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