摘要: A financial instrument that is created artificially by simulating another instrument with the combined features of a collection of other assets.
For example, you can create a synthetic s[阅读全文:]
摘要: When a broker or advisor buys or sells a security for a client(s) and then immediately makes the same transaction in his or her own account.
This is not illegal like front running, but i[阅读全文:]
摘要: An alpha return that cannot be attributed solely to the money manager due to consequential beta exposure. Tainted alpha is seen when money managers invest in individual equities, instead of using mark[阅读全文:]
摘要: A slang term referring to the situation of an investor who has experienced a large loss from an investment or speculative position. Investors whose shares have declined significantly are said to have [阅读全文:]
摘要: The tendency for mutual funds with poor performance to be dropped by mutual fund companies, generally because of poor results or low asset accumulation. This phenomenon, which is widespread in the fun[阅读全文:]
摘要: A company that has a management team with enough strength and experience to run a public company. It's imperative for Wall Street to have confidence in a company's management - otherwise it will be [阅读全文:]
摘要: Slang for an individual homeowner who strips the equity out of his or her home through mortgage refinancing. The proceeds are generally not re-invested, but spent on consumer goods.
Mos[阅读全文:]
摘要: 1. The intention of futures-contract holders to receive delivery of the underlying commodity.
2. A futures-contract holder that is a well-financed speculator.
1. Only a[阅读全文:]
摘要: The divergence of a mutual fund from its stated investment style or objective. Style drift occurs as a result of intentional portfolio investing decisions by management, a change of the fund's manage[阅读全文:]
摘要: A syndrome afflicting individuals who suddenly come into large sums of money. Becoming suddenly wealthy can cause an individual stress. Its symptoms include: feeling isolated from former friends, feel[阅读全文:]