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
Mutual fund independent directors earned more in 2024 than in the year prior, and the pace at which their compensation grew was also higher year-on-year, according ...
The two longest-serving independent directors of ASA Gold and Precious Metals Ltd. have resigned from the board, and all litigation pursued by activist investor Saba Capital ...
Fund Board Views has refreshed and expanded its Editorial Think Tank ahead of its 10-year anniversary this fall. The nine members will continue to work closely with ...
The Securities and Exchange Commission last week dismissed charges against the defendants in the first-ever case related to enforcement of the liquidity risk management rule adopted ...