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There is no need to curb common shareholding
Some witnesses advocated restricting institutional investors, who own 80 per cent of shares in the largest US companies, from owning more than one group in the same industry. The issue has become more urgent with the rapid growth of index tracking funds, which maximise their returns by diversifying their holdings across many public companies. Right now officials determine this based only on the number of companies and their market shares in a given sector.
https://finance.yahoo.com/m/11291c1...cb8dd/there-is-no-need-to-curb.html?.tsrc=rss
Some witnesses advocated restricting institutional investors, who own 80 per cent of shares in the largest US companies, from owning more than one group in the same industry. The issue has become more urgent with the rapid growth of index tracking funds, which maximise their returns by diversifying their holdings across many public companies. Right now officials determine this based only on the number of companies and their market shares in a given sector.
https://finance.yahoo.com/m/11291c1...cb8dd/there-is-no-need-to-curb.html?.tsrc=rss
