Word: mutualized
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...Many more faculty members now approach us about bringing artists in,” Lee said. “We are always seeking out partners and collaborators—it’s a mutual goal...
Meanwhile, one possible buyer lurks on the sidelines: Warner Music, the third largest record company in the world. CEO Edgar Bronfman has long coveted EMI, but mutual intransigence has thus far prevented a merger. Some Terra Firma officials fear that Citigroup simply wants to "flip" EMI by making a quick sale to Warner - a plan Citigroup denies. In its present state, however, EMI's future as an independent company is far from certain. "The trouble is that the future of EMI would look quite good if it wasn't for all the debt," Dyson says. "But it doesn't look...
...current tensions are rooted in a cyclical history of mistrust. The Sinai Bedouin stand accused, in Egyptian schoolbooks and the popular imagination, of collaborating with Israel in its wars with Egypt, fueling mutual antagonism. More recently, Bedouin were implicated in a series of terrorist bombings that killed 130 people at Sinai beach resorts from 2004 to 2006. In the aftermath, some 3,000 Bedouin were arrested; up to 1,000 of them are still in detention, according to Ahmed Ragheb, director of the Hisham Mubarak Law Center. He says that about 1,000 more are in prison for smuggling...
...even bigger concern is that active ETFs must disclose their holdings daily rather than quarterly as mutual funds do. Although this makes the ETF more transparent, it also opens up the ETF to the risk that savvy hedge funds and others may snap up shares in a stock that an ETF is known to be moving into. This practice, known as front-running, could drive up the stock price and thereby dull the ETF's performance...
...your goal is to beat an index, a good low-cost mutual fund may still have the edge. Says Lee: "I would rather buy a known management team and pay a slightly higher fee in a mutual fund than rush to an ETF structure just for lower fees...