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.

 

 

Most Read

A Seat at the Table
We've had A Seat at the Table — for 10 years

The very first independent chair we profiled for FBV was Leigh Wilson at Victory Funds, for our A Seat at the Table section. Victory Capital Management had recently redefined itself ...