Elliott Management Sends Letter to Arconic’s Board
The departure of a long-tenured manager can leave big shoes to fill.
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Our readers weigh in on which shareholder letters or market commentary they regularly read.
Below-average returns don't shake Morningstar analysts' confidence in some funds, while recent outperformance doesn't grant higher ratings to others.
Some equity funds' heavy allocations to pricier areas of the market could spell trouble for shareholders.
Artisan to close Artisan Small Cap to new investors, Putnam fixed-income manager Daniel Choquette departs, and Praxis adds comanagers to its allocation and index funds. Also, Mario Gabelli makes a very large gift to his alma mater.
Plus, SEC addresses soft dollars, Gabelli settles, and more.