On the Fritz


A case of bad timing.
Timing, long recognised as an essential skill for stand-up comics, has not been a laughing matter among investors lately. For starters, market timers fuelled a $3.3 billion cash inflow to high-yield bond mutual funds in the next-to-last week of August. That beat the previous all-time record by an alarming $1.7 billion. Then, on September 3, market-timing burst into the headlines as New York State Attorney General Eliot Spitzer launched a crackdown on questionable trading of

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here