Stock ownership by institutional investors cause higher stock price volatility, inefficiency and fragility, study finds

A study by four finance professors, Itzhak Ben-David, Francesco Franzoni, Rabih Moussawi and John Sedunov (June, 2020), has found evidence that the 10 larger institutional investors’ trading activities are responsible for increasing stock price volatility and mispricing in company stocks. In relation to this, the study shows that stocks with…

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Hong Kong Stock Exchange drops its bid for the London Stock Exchange

As of October 8, 2019 Hong Kong Stock Exchange announced the drop of its £32 bn bid to acquire the London Stock Exchange. For further information, see the following links: https://www.hkexgroup.com/-/media/HKEX-Group-Site/ccd/Possible-Offer/28-Announcement–HK-cover-ENGcombined.pdf https://www.theguardian.com/business/2019/oct/08/hong-kong-bid-london-stock-exchange-lse https://www.cnbc.com/2019/10/08/hong-kong-exchange-drops-its-39-billion-bid-to-buy-the-london-stock-exchange.html https://www.ft.com/content/ccb827ce-e95f-11e9-a240-3b065ef5fc55

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