Research Review: Narrative economics and activist short selling

Rob Hamshar  |  Portfolio Construction Forum  |  05 July 2021  |  1.50 CE

Activist short sellers - entities that seek to “inform” market participants about hidden wrongdoings or shortcomings in publicly listed target firms (typically while taking a short position in the stock of the target firms) - have received increasing attention in recent years. At their best, they fulfill a valuable policing function, exposing legitimate fraud and improving market efficiency. At their worst, activist short sellers intentionally mislead investors (for example, through fake news and “short and distort” campaigns), creating inefficienci...

Not yet a Member? It’s quick and free to join. Already a member? Please log in.

What's new with our live and on-demand continuing education, accreditation and certification programs.

Highlight our upcoming live CE programs, and all of the complimentary on-demand CE-accredited resources published over recent months.