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Top business school proves ESG does not harm corporate bond portfolios ipe.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ipe.com Daily Mail and Mail on Sunday newspapers.
Reddit day traders miss the point of hedge funds Hedge funds have attracted the ire of day traders reading Reddit, but they do a lot more than simply short stocks 4 February 2021 • 3:00pm Hedge funds have become public enemy number one in the eyes of “meme traders” who have sent shockwaves through stock markets in the last week. Their crime? Short selling: borrowing shares and immediately selling them at the market price in the hope of buying them back at a lower price and pocketing the difference. An army of day traders took exception to this tactic, and helped pump up stocks such as GameStop, a struggling US retailer that had been heavily shorted on Wall Street. As the share price went parabolic, hedge funds found themselves caught in a squeeze, scrambling to cut their losses by buying back the stock. ....