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

To continue reading...

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 indvidual account here: