Financial Institutions, Stock Exchanges / 08.08.2020
Stock ownership by institutional investors cause higher stock price volatility, inefficiency and fragility, study finds
According to a recent study, institutional investors, among which BlackRock, Vanguard, Fidelity, JPMorgan, are responsible for increasing price volatility and mispricing in company stocks. Moreover, stocks with higher ownership by such investors show greater price drops during periods of market turmoil. The findings of this study provide...