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Rating:Phones are not Ringing Off the Hook at Fund Firms Not Rated 0.0 Email Routing List Email & Route  Print Print
Tuesday, September 16, 2008

Phones are not Ringing Off the Hook at Fund Firms

by: Erin Kello

The weekend's events did not translate to heavier than usual phone time for fund companies, at least those interviewed by WSJ's Sam Mamudi for Tuesday's Fund Track. The most common difference between Friday and Monday for those interviewed by Mamudi was the volume of calls received by the call centers. Waddell & Reed spokesman Roger Hoadley told Mamudi that there had not been a drastic increase in calls to the company's call center. Vanguard spokesman John Woerth, said the company saw an increase in calls early in the day Monday, but that tapered off as the day went on. Phil Neugebauer, spokesman at Allianz Global Investors, reported no difference on call volume on Monday. Finally, Brian Brett, vice president of sales and marketing at American Beacon said that the call center was calmer than normal. 

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