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’Stale’ or ’Sticky’ -- What Motivates Late Trading and Market Timing in Mutual Funds?

Informações:

Sinopse

Three years ago mutual funds were accused of allowing favored customers to engage in late trading and market timing that hurt ordinary investors. The scandal has subsided but questions remain: Is short-term trading encouraged by the use of out-of-date or ”stale ” stock prices in valuing fund shares? And what remedies will work without penalizing ordinary investors? See acast.com/privacy for privacy and opt-out information.