If chronic under-investment by institutions were a sickness, Citigroup Inc. would be an acute sufferer — albeit one showing signs of improvement.
Hedge funds run by John Paulson, George Soros and Eric Mindich started pouring money into the stock late last year, and institutional ownership in Citi could get another boost as the government begins unloading its 27% stake in the company.
Register or login for access to this item and much more
All Financial Planning content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access