July 14, 2020
When is less transparency a good thing? This is crazy We have so many things to worry about and do not need this. If anything, we should be increasing transparency.
Transparency is very important. I believe this is a way for secretive hedge funds to invest in companies that their investors would be upset about. This will lead to managers misleading their investors about their strategy, assets under management, etc...
In countries such as Israel, Chile, and Peru, 100% of holdings are disclosed by all pension funds and other types of investors.
This is not justified. Please protect us. Please protect the integrity of the markets.