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

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

Rating:MFEA Tweets NYC Not Rated 0.0 Email Routing List Email & Route  Print Print
Tuesday, April 24, 2012

MFEA Tweets NYC

Reported by Sean Hanna, Editor in Chief

Keith Hartstein addresses the MFEA meeting in Manhattan
photo courtesy of the MFEA
The mutual fund marketers gathered in Manhattan today and tomorrow are staying connected thanks to the efforts of the MFEA.

The Mutual Fund Education Alliance is running videos, pictures and links from its New York meeting at its MFEA.info website. Already this morning the site has a 30-second clip from John Hancock Funds CEO Keith Hartstein on the site. Hartstein is also treasurer of MFEA's executive committee.

Michelle Smith, MFEA Associate Director
photo courtesy of the MFEA
So far mutual fund marketers have learned (or have been reminded) that:

  • Traditional active products are under pressure from ETFs and indexing. The response has been a rush to the alternative sphere.

  • "A" shares are not being primarily sold at NAV ... and that means there are no more dealer concession for maker.

  • Friction generated when advisors move clients from fund to fund has gone away ... there is no more need to get a switch letter because there are now no switching fees.

  • Holding periods are down -- shareholders are now holding mutual funds four to five years on average and as few as two.

  • Global growth is in the east, but in absolute terms there is very little there. 

    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