Word: rapidity
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...about fund fees and the roles of fund directors. It may also lead to efforts to corral the largely unregulated and fast-growing hedge-fund world, which has $600 billion in assets. It's the hedge funds, investment vehicles available mainly to the wealthy, that sometimes roil markets with rapid trades of stocks, bonds and currencies and that appear to be the main clients that have traded mutual fund shares in a way that is harmful to most mutual fund investors. For years, Congress and the Securities and Exchange Commission (SEC) have talked about improving oversight of hedge funds...
...investors trading in and out of a fund on a daily basis. That practice is legal, but large fund companies generally discourage it. For buy-and-hold outfits such as Fidelity Investments and Vanguard Group, market timers drive up transaction costs, which are borne by all shareholders. Plus, the rapid movement of money makes a fund difficult to manage, possibly hurting long-term returns. In international funds, market timers may be able to take advantage of "stale" prices--trading a fund in the U.S. when the price may not yet reflect movement in foreign markets. From a legal standpoint, market...
Rapper Aesop Rock squeezes every last drop of expressive juice from the English language by riddling his rapid-fire stream-of-consciousness flow with taught one-liners and idioms turned on their heads. He manufactures his songs from scratch, complimenting his urgent vocals with his own production. On his recently released Bazooka Tooth, he speaks on such topics as 9-11, violence in popular culture and mankind’s struggle against the machines of its creation. Ace takes the stage with Boston hip-hop legend Mr. Lif, and Def Jux collegue and collaborator El-P. $17.50 advance...
...after the Bolsheviks overthrew the tsar in 1917, the Soviets initiated a rapid assault on the Russian Orthodox Church...
Almost 70 years later, the Soviets have been ousted and much has changed. A free market reigns in Russia and the Danilov is an operating monastery once again, as Russian Orthodoxy makes a rapid comeback from the days of Communist atheism...