published May 10th 2016, 7:12 pm, by Yuko Takeo and Toshiro Hasegawa (Bloomberg) —Japanese shares rallied for a third day, tracking a global equity rebound following a recovery in commodity prices. The yen held declines against the dollar, sending exporters higher. The Topix index climbed 1.1 percent to 1,348.97 at
published Feb 2, 2017 8:20:51 AM, by Matt Levine (Bloomberg View) — Index funds and activists. The basic thesis of the index-funds-should-be-illegal crowd is that when most companies are mostly owned by the same overlapping group of owners — big mutual fund complexes, particularly passive index funds — then those companies