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

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

Rating:Syre Crowns the Mutual Fund Star of the Year Not Rated 0.0 Email Routing List Email & Route  Print Print
Monday, December 27, 2010

Syre Crowns the Mutual Fund Star of the Year

News summary by MFWire's editors

Thomas Wetherald, portfolio manager of the MFS New Discovery fund, gets a nod from the Boston Globe columnist Steven Syre for his performance this year in line with The Federal Reserve's decision to start pumping capital into the economy during the summer.

Wetherald’s fund is reportedly up 36.6 percent year-to-date and 62 percent in 2009. But more importantly, Wetherald’s fund, which had gained about two percent for the year through August, began its ascension that month as the market started to anticipate Fed action.

“When that inflection point hit, the Fed certainly helped,’’ Wetherald told the pub. “But on top of that, so many of our favorite [stocks] had gotten down to such low valuations."

Wetherald’s fund joins a list of past recipients that includes Will Danoff of Fidelity Contrafund, Joel Tillinghast of Fidelity Low Priced Stock, two-time winner Ken Heebner of CGM Focus, Dan Fuss of the Loomis Sayles Bond fund, and Dan Rice of Blackrock Energy & Resources.  

Edited by: Hung Tran


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
2018: Q3Q2Q1
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. 1997-2018
40 Wall Street | 28th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use