Word: stockings
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...especially keen, and trade between the two countries has continued to flourish. British companies invested more than $5.5 billion in Russia last year, making the U.K. - extraordinarily - Russia's largest foreign investor. Thirty Russian companies with a combined market capitalization of $612 billion are now listed on the London Stock Exchange, and more are standing in line waiting for London launches. So business leaders in both London and Moscow have been watching recent developments with dismay. "Russian big business can only wish that the whole thing is over and done with as soon as possible," says Mikhail Kozhokin, the vice...
...might sound iffy--decisions made with no one in charge--but Dodge & Cox has the track record to show that peer review works. The firm's three mainstay funds--Stock, Income and Balanced--all beat more than 95% of similarly invested funds over the past 10 years, according to investment tracker Morningstar. The International Stock fund has sported a similar track record over its shorter lifetime and is one of the 10 hottest-selling retail funds in any category; over the past 18 months, assets have more than tripled, to $45 billion...
Dodge & Cox is used to being popular. After the late-'90s tech-stock bubble, investors disillusioned with momentum plays grew hip to the firm's strategy of buying out-of-favor companies and patiently waiting for them to rebound. Although Dodge & Cox doesn't advertise and shies from almost all publicity, word spread. In the wake of scandals involving some fund firms giving preferential treatment to big-time investors, money poured into Dodge & Cox, which consistently wins top grades on corporate governance from Morningstar and often appears in commentary pieces like "Our Favorite Sleep-at-Night Funds." (Disclosure: Through...
...fact, assets grew so quickly that the firm decided to close both its Stock and its Balanced portfolios to new investors--a decision that benefits current shareholders but not necessarily the firm since it collects a percentage of assets. "We are capitalists," says Gunn, "but long-term capitalists. And if you're a long-term capitalist, you need long-term satisfied customers." After months of informal conversation about skyrocketing inflows, the decision to close the two funds and potentially cut their income was made by more than a dozen people sitting around a conference table...
Advocacy, though, doesn't mean an analyst gets all the credit when a stock rises or the blame when it falls. Analysts circulate research reports to the entire firm. Anyone can weigh in. And when the analyst thinks it's time to change the firm's exposure to a stock, the first stop is a sector committee, made up of people who know an industry well and can drill down to test the idea in depth. "The nature of this business is that you're going to be wrong a lot of the time," says Diana Strandberg, who sits...