Hamish Douglass, manager of the Magellan Global Equity Fund, is holding over 15% of the fund’s $5.4 billion in cash, Financial Advisor reports. The fund beat 99% of its competitors…
Day: March 2, 2016
Top Economist Ed Hyman Says Recession is a Long Way Off
Advisor Perspectives reports on Ed Hyman’s presentation at the 2016 MIT Sloan Investment Conference, where he said that despite signs of weakness, the next U.S. recession is probably five or…