|Last Price$2.77||Day Change (%)-4.48%|
|Open Price$2.77||Day Change ($)-0.13|
|Day Range2.73–2.84||52-Week Range2.11–5.24|
As of Tue 06/18/2013 04:00 PM EDT | USD
Good afternoon. Welcome to Gafisa s Teleconference on the Results of the Third Quarter of 2011. Today, we have here with us Mr. Duilio Calciolari, Gafisa s CEO and IR Officer, Mr. Rodrigo Osmo, Gafisa s CFO and Luciana Wilson Doria, IR Manager.
The $700 billion that has flowed into taxable-bond funds in the last five years is larger than flows into U.S. equity funds in the late '90s, but investors today seem to be reacting to fear and not chasing performance.
Size-induced large-cap focus could have benefits, though, especially these days.
These mutual funds are looking a tad bloated.