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Is an Investing Institution One Shareholder or a Collection of Funds?

Armitage, Seth - 2016

The paper examines whether the fund managers in a given investing institution behave in a co-ordinated manner, in terms of their trading around the announcement of a major takeover by a company in which the institution has two or more separate holdings. Our data show that many institutional...

Persistent link: https://www.econbiz.de/10013005784