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

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

Rating:Financial Services Fund Managers Change Course to Avoid Credit Pitfalls Not Rated 0.0 Email Routing List Email & Route  Print Print
Monday, December 10, 2007

Financial Services Fund Managers Change Course to Avoid Credit Pitfalls

News summary by MFWire's editors

In today's WSJ Fund Track column, Jed Horowitz spoke to fund manager Peter Kovalski about how managers of mutual funds that deal in financial services stocks are coping with the credit crunch. Kovalski, manager of Alpine Management's Dynamic Financial Services Fund, told Horowitz that managers of these funds can no longer rely on the old buy-and-hold strategy saying, "You can't be married to the stocks you like, and you have to be nimble with trading. You can come in any morning and find your best holding is down a significant amount because of a credit charge-off or something like that."  

Edited by: Erin Kello


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
2020: Q3Q2Q1
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. 1997-2020
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use