The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
Tuesday, March 01, 2016|
BlackRock and AQR Bet Against This Fund Firm
It's Larry Fink versus Martin Gilbert. Actually, it's the PMs at Fink's Blackrock [profile] versus the share price of Gilbert's Aberdeen [profile]. And word is that AQR is already betting against Aberdeen, too.
2015 and 2016 have been rough for Aberdeen, which has suffered from the stock market pain in emerging markets. It's shares are down nearly 17 percent year-to-date as of market close yesterday, and they're down more than 48 percent in the past 12 months. Gilbert, Aberdeen's founder and CEO, has been fighting off rumors of a possible Aberdeen sale.
Printed from: MFWire.com/story.asp?s=53561
Copyright 2016, InvestmentWires, Inc.
All Rights Reserved