May 6th “Flash Crash” a Systemic Event?

Following our previous analysis of the Waddell & Reed fund we performed a similar analysis of a group of the largest equity funds with combined AUM over $500B. Average fund exposures are shown in chart below (bottom part) and contrasted with the Ivy Asset Strategy fund (top). The Ivy fund is not included in this […]

October 27, 2010

Following our previous analysis of the Waddell & Reed fund we performed a similar analysis of a group of the largest equity funds with combined AUM over $500B. Average fund exposures are shown in chart below (bottom part) and contrasted with the Ivy Asset Strategy fund (top). The Ivy fund is not included in this group of funds.

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