Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Managers' Track Records Matter, Says Maxey Not Rated 0.0 Email Routing List Email & Route  Print Print
Friday, November 20, 2009

Managers' Track Records Matter, Says Maxey

News summary by MFWire's editors

For many investors, the track record of a fund's manager is just as important as the fund's performance. The Wall Street Journal's Daisy Maxey on Friday, reports that while fund management is extremely important to share holders, it's often difficult and frustrating to call attention to every managerial turnaround.

According to Morningstar, 391 open-ended mutual funds in 2008, and 397 in 2007, saw managerial changes. So far this year, 273 funds have switched managers, out of a total of 6,709 U.S. open-ended funds.

Maxey goes on to highlight a few highly successful Putnam Investment portfolio managers who've been managing Putnam funds for about a year, including Nick Thakore, of the Putnam Voyager; Robert Brookby, manager of the Putnam Growth Opportunities Fund; Jerry Sullivan, a Lipper award winner and manager of the Putnam Investors Fund; and Robert Ewing, manager of Putnam's Fund for Growth and Income

Edited by: Daniel Tovrov


Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2024: Q4Q3Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2024
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use