Volatility Index Calm After 35% Increase
The Dow’s positive finish on Friday signaled a much more tempered day for the Chicago Board Options Exchange (CBOE) Volatility Index. The Index increased 35% on Thursday, as investors raced for defensive positions that utilize options in order to combat the 500 point selloff in the broad market.
Winning Ariel Fund Highlights Warren Buffett’s ‘Moats’
John W. Rogers Jr.’s socially responsible Ariel Fund beat or nearly met its benchmarks using Warren Buffett’s “moats” concept.
Mutual Fund Spotlight: One For All
It may seem only natural that Chicago-based Ariel Investments' flagship $2.3 billion Ariel Fund attracts more attention than the firm's other products. After all, it...
About the Manager
John W. Rogers, Jr. is founder, chairman, CEO, and chief investment officer of Ariel Capital Management, Inc., based in Chicago. He founded the firm in...
Ariel's McKissack Resigns from Appreciation Fund
Sept. 30, 2002 -- Eric T. McKissack has resigned as manager of $1.3-billion Ariel Appreciation Fund (CAAPX), according to a letter to shareholders on the...