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Bigger Is Rarely Better in Money-Management Business: Noah Smith
published Jul 26th 2017, 12:45 pm, by Noah Smith (Bloomberg View) —Does market-beating performance disappear as an asset manager gets big? This is a crucial question for investors and for the finance industry. Most introductory finance classes, or personal finance tutorials, start with an explanation of compound interest. They show
Europe Stocks Erase Most Losses in Aftermath of Brussels Attacks
©2016 Bloomberg News O4GA5B6JTSEV (Bloomberg) — European shares recovered most of their intraday losses at the close, while airlines and hotel stocks slid after multiple explosions in Brussels. Air France-KLM Group, Ryanair Holdings Plc and hotel operator Accor SA slipped 3.3 percent or more, dragging travel and leisure shares to
