Hidden factor bumping up market volatility

That is according to Richard Muckart, chief investment officer at Premier Asset Management and manager of the firm’s Premier Eastern Enterprise fund. He says companies are becoming more Americanised by publishing their sales statistics on a quarterly or even monthly basis, as opposed to the common industry standard of every six months. This, he adds, is causing greater market volatility as analysts react to the numbers. While this would be fine for long-only products, the number of hedge funds and absolute returns funds in the market today means it is having a big impact. “Having quarte...