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How partisan politics could take a bite out of your wallet

20:00 EDT 14 Apr 2019 | AAAS

(San Diego State University) mutual funds maximize client wealth by investing their clients' assets in funds that best match the client's investment strategy (low-risk, short-term, etc.).However, research by SDSU finance professor, Dr. Yaoyi Xi, and Dr. M. Babajide Wintoki of the University of Kansas, indicates that one of the factors influencing how mutual fund managers invest their clients' money may have more to do with how they vote than with a stock's performance.

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