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

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

Rating:Phillips Hints at Morningstar's Next Numbers Not Rated 0.0 Email Routing List Email & Route  Print Print
Thursday, May 25, 2006

Phillips Hints at Morningstar's Next Numbers

Reported by Sean Hanna, Editor in Chief

Those at last week's ICI General Membership meeting may have caught Money Magazine columnist Jason Zweig's goal for the fund industry. Zweig pushed industry executives to manage their funds so that individual investors' returns more closely hew to the funds' published returns. Today, fund shareholders don't have enough information to hold funds accountable on this basis, but that may soon change.

Morningstar Managing Director Don Phillips, also a speaker on the ICI's media roundtable, revealed in an off-hand comment that the newly-public fund tracker is working on a solution for investors that may debut later this year.

"We are working on providing dollar-weighted returns for all of the funds we cover," said Phillips. Look for that service to debut in the this year's fourth quarter.

Though Zweig did not react to Phillip's comment, is would not be a stretch to expect Zweig and other fund pundits to start focusing on discrepencies between time-weighted and dollar-weighted returns once both sets of numbers are easily available.  

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
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. 1997-2019
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use