hospitality money managers

/Tag: hospitality money managers

hospitality money managers

Hospitality Money Managers Should Avoid Short-term Trading According to New Cornell Study

the Center for Hospitality Research | October 26, 2016

A new study from Cornell University suggests that professional investment managers often engage in short-term stock trading with poor results, which could have serious implications for hospitality firms with billions of dollars in pension funds. The research shows that portfolio managers' trades that are held for less than a year lose money on average, with the shortest-term trades generally losing the most. A full description of the study, "Short-term Trading in Long-term Funds: Implications for Hospitality Financial Managers," by Pamela C. Moulton, is available at no charge from the Cornell Center for Hospitality Research. Moulton is ...

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