Yuehua Tang Articles: page 1

Secrets don’t make friends: New research shows hedge funds gain information advantage from unique relationships with investment banks

GAINESVILLE, Fla. – Keeping a secret is often easier said than done, especially when there’s money on the table. For years, news outlets like The New York Times and The Wall Street Journal have written about investment banks allegedly giving their hedge fund clients preferential access to broad bank resources and information – information that could be used to gain an unfair advantage when it comes to trading stocks. While the world may never know the whole truth about what

Want to maximize your mutual fund investment returns? Find a portfolio manager with ‘skin in the game’

GAINESVILLE, Fla. – If you’re one of the 56 million Americans that invests in mutual funds, making sure that your portfolio is yielding the best returns is paramount. While your portfolio manager should technically always be looking out for your best interests, how can you be sure that they are going to make the best decisions regarding your investment? One simple way, according to new research, is to find a portfolio manager who invests their own money into the fund

Faculty News Roundup: Warrington professors’ successes in 2017-2018

Over the 2017-2018 academic year, Warrington College of Business faculty members reminded us why they’re some of the best in the world. From producing hundreds of new research papers, to teaching countless students the fundamentals of business, to writing or being quoted in the news about trending topics like cryptocurrency, energy, leadership, IPOs, brick-and-mortar retail stores and entrepreneurship, Warrington faculty members continued to elevate the college into one of the most respected in the world.   Warrington faculty had 176

How are individual portfolio managers compensated in the US mutual fund industry, and why does it matter for your wallet?

GAINESVILLE, Fla. –   Millions of American investors across the nation have long trusted asset management companies, like Fidelity Investments and The Vanguard Group, to manage their mutual fund investments. In fact, in 2017 almost half of all U.S. households (about 56 million) owned mutual funds. In exchange for managing their funds, investors are charged a management fee by investment companies. While management fees are an understood exchange between investors and investment companies, there is a second exchange that, until now,