In the Margins
There are a few common characteristics among the favorite stock picks of mutual and hedge funds—and the most important common element is that their picks are all getting crushed this year. Mutual funds and hedge funds have both underperformed the S&P 500 year to date by 0.9 percentage points and 2.8 percentage points, respectively, according to a report by Goldman Sachs released Monday. Read the original story from MarketWatch.
Most Read
Cybersecurity continues to be an area of focus for the Securities and Exchange Commission staff and an important area of oversight for directors of investment companies. ...
Thrivent Financial is entering the interval fund business and has assembled a new board to oversee its first offering, the soon-to-be-launched Thrivent Church Loan & Income Fund. ...
Independent mutual fund directors saw markedly smaller increases in pay in 2017, when compared to the year prior, according to the results of the Independent Directors ...
The parties in a 2014 lawsuit accusing PIMCO of overcharging Total Return Fund shareholders while lavishly compensating CIO Bill Gross and CEO Mohamed El-Erian agreed this week ...