In the Margins
During the past 10 weeks, when nearly $3 trillion was added to U.S. share values, mutual funds hoarded cash, short sellers tightened their grip on bearish bets, and individuals bailed out of the market. The divergence between sentiment and prices has been so wide that 2016 is shaping up as the “Year of the Wrong-Way Trade,” beginning with hedge funds that lost the most money in four years betting on momentum stocks. Read the original story from Bloomberg.
Most Read
It's International Women's Day, so we decided to take a look at how women are represented on mutual fund boards. On average, the percentage of female ...
The late-day trading and market-timing scandal at a number of mutual funds in the fall of 2003 was a seminal moment in fund governance. In the ...
In an unusual move, the board overseeing USAA's mutual funds is planning to replace its long-serving independent chairman with an interested chair upon completion of Victory ...
Half of the independent directors currently sitting on OppenheimerFunds' two boards will join an Invesco board later this year when Invesco's $5.7 billion acquisition of OppenheimerFunds ...