I have a story without a title.
Here's the story: the NYS Attorney General has been pressuring fund companies (large and mostly load-bearing) to release the active share information for all of their retail funds. The AG notes that the companies admit that this is relevant information (they routinely release it to institutional investors and use it internally in assessing managers), but don't like sharing it with the result of us (it's "not useful" to most investors). The AG implies a second motivation for withholding the information: some of the highest-fee funds are among the closet indexers.
Fidelity already releases active share, now 13 other firms have agreed to provide it quarterly "for relevant funds." I link to the report, talk about the relevance and limits of active share, link to ActiveShare.Info and talk about using the info.
It's useful, timely, relevant ... but I got nothing for a title other than "Blah blah blah active share developments."
Any thoughts of what we might title it?
Curious, as ever,