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

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

Rating:Odd Lots, September 27, 1999 Not Rated 3.0 Email Routing List Email & Route  Print Print
Monday, September 27, 1999

Odd Lots, September 27, 1999

Reported by Jason Shank

Ryan Jacob's new fund raises fee ... already?
From TheStreet.com
Ryan Jacob's planned fund has raised its planned expense ratio, although Jacob does say he will cap the fee at 2%. The original expected expense ratio was 1.91% and Jacob now says it might be as high as 2.12%, but he added that the fund has agreed to cap expenses at a flat 2%, at least until August 2000. The general rule is that smaller funds have higher expense ratios ones that have gathered more assets, typically older funds which benefit from economies of scale. But Jacob's fund could leapfrog the beginner stage with his legions of loyal funds fans waiting to invest but those fans may find their loyalty wavering if the fund doesn't have a hot start, which they may unrealistically expect.

Neuberger's now or never IPO
From InvestmentNews
Is Neuberger & Berman worried about a dip in the market affecting its planned IPO? Apparently not, reports InvestmentNews -- the fund company is still planning on pricing the deal in two weeks and selling 7.25 million shares to an (until recently) eager public. Neuberger's share price, set between $31 and $35, means that the New York company would find itself with a price-to-earnings ratio of around 12. That's a 25% discount to the average P/E of other publicly held mutual fund firms, around 16. 

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

3.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2024: Q2Q1
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