A Top Mutual Fund Executive Made Millions for Himself Trading the Same Stocks His Giant Fund Was Trading
Confidential IRS data reveals that David Hoeft, chief investment officer of mutual fund giant Dodge & Cox, was one of many investment managers who bought and sold the same stocks their company was trading.
The Biotech Edge: How Executives and Well-Connected Investors Make Exquisitely Timed Trades in Health Care Stocks
Secret IRS records reveal dozens of highly fortuitous biotech and health care trades.
Never-before-seen IRS records show that CEOs are sometimes making multimillion-dollar bets on the stocks of direct competitors and partners — and doing so with exquisite timing.
Private equity firms have grown substantially since the 1980s and now manage more than $6 trillion in assets in the United States. Their presence has affected industries from hospitals to fisheries.
New details have emerged about the now-closed investigation, including repeated calls to his brother-in-law, who also dumped stock.