Pichhadze (2010) introduced the Market Oriented Blockholder Model (MOBM) as properly describing the ownership pattern in the American equity markets. Under the model, the emerging blockholder in the American equity markets is the institutional investor (II). This poses a challenge to the...

Pichhadze (2010) introduced the Market Oriented Blockholder Model (MOBM) as properly describing the ownership pattern in the American equity markets. Under the model, the emerging blockholder in the American equity markets is the institutional investor (II). This poses a challenge to the...

This paper discusses the duties of a fiduciary with respect to underperforming assets held in a client's account. A trustee, investment adviser, and investment manager each is a fiduciary. Because trust law most clearly articulates fiduciary rules, this paper focuses on trust law as the...