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Nomura plans to launch two mutual funds tomorrow that track social networking sites. Though Mito...
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Thursday, October 27, 2011, 11:13 AM ETNomura plans to launch two mutual funds tomorrow that track social networking sites. Though Mito Securities' Yutaka Yoshii thinks stock prices have already factored in the extra interest the funds may generates in names in the space, he also leaves open the "possibility" the launch could push prices higher. Potential holdings: YNDX, BIDU, SINA, YOKU, RENN, LNKD, SOHU.
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