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Tuesday, November 12, 2013

Jaffe Worries About Big Data Draining Mutual Funds

News summary by MFWire's editors

Big Data has arrived in the investing world, but not to the benefit of fundsters and mutual fund shareholders. So worries Chuck Jaffe in his latest column for MarketWatch.

Jaffe argues that all of mutual funds' disclosures — especially the extra disclosures that they make, above and beyond the call of the rules, to Lipper and Morningstar and institutional investors — are allowing hedge funds to game the system and take advantage of fundster PMs' moves.

To find out more about what may be keeping some of your fund shareholders up at night, read Jaffe's full column here

Edited by: Neil Anderson, Managing Editor


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