“If a large percentage of hedge funds own a specific stock and the news turns, they’re more likely to get out of a position very quickly, while individual investors tend to not act so quickly,” said Wirth, senior investment officer for Chemung Canal Trust, which manages $1.9 billion in Elmira, New York. “Selling can be exacerbated. Volatility can be exaggerated.”
Hedge Funds Replicating ETFs Bear Brunt Of Crowded Trade Selloff
November 24, 2015
« Previous Article
| Next Article »
Login in order to post a comment