"This fund is a very concentrated global equity fund with a low turnover.
As more and more women and children gain access to health services, concentrated attention to equity is needed to ensure that poor, vulnerable, and underserved populations do not slip through the cracks.
At the very least, given the regulatory uncertainty that faced DFC Global of minimal concern to ordinary, diversified investors, but a serious threat to the concentrated insiders and private equity sponsors the Court of Chancery may rightfully have been suspicious of the decision to sell in the first place.
"Clearly it affected these financials, but it seems pretty concentrated," Scott L. Wren, a senior equity strategist for Wells Fargo Advisors, said of the JPMorgan development.
A sharp decline in stock prices would likely depress global growth, although ownership of financial equity wealth is so concentrated, it's not clear that significant direct pain would be widely felt.
"The market caps have never been this big, and the volumes have never been this high or this concentrated". said Mike Molnar, managing director of equity sales and trading for Salomon Smith Barney.
Berkshire's equity holdings are even more concentrated than is apparent at first glance, said Steven Check, chief investment officer at Check Capital Management, an investment advisory business in Costa Mesa, Calif., that owns roughly $22.8 million in Berkshire stock.
I wanted to build an opportunistic value-driven investment firm that generates attractive returns through a relatively concentrated portfolio of catalyst-driven debt and equity investments that built on my experiences at Goldman Sachs.
