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

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

Rating:Undiscovered Funds' PMs Make Their Case to the Media Not Rated 5.0 Email Routing List Email & Route  Print Print
Tuesday, March 19, 2013

Undiscovered Funds' PMs Make Their Case to the Media

Reported by Neil Anderson, Managing Editor

Seven top-rated, yet relatively unsung, PMs stepped into the limelight this morning in New York City.

Niche fundster marketing shop SunStar Strategic gathered PMs to speak to the financial press at the "2013 Media Briefing for Undiscovered Funds," at the Hilton in midtown Manhattan. Nigh 50 reporters showed up for the PMs' market outlooks and stock picks, for the networking, and for pastries and fruit.

The briefing featured seven PMs as speakers, from seven different mutual fund shops and each touting a four- or five-star mutual fund. The featured PMs were:

SunStar partner Livestudio HD videotaped the event. SunStar offered attending reporters the chance to have Livestudio record one-on-one interviews at the event and then give the reporters their recordings to take back. SunStar's Dan Sondhelm, moderator for the panel, even encouraged the reporters to post about the event on Twitter, using #SunStarMB2013.

The PMs offered various tidbits of wisdom. Patten of Cutler, talking about dividend investing and yield-chasing, warned that "it's tough to catch a wave in a crowd."

Hodges, who quipped that the six-minute time limit on his remarks would transform him into "the fastest-talking Texan that there is," argued that "the meteoric rise of the ETF business creates great opportunities for stock pickers" thanks to stocks correlating with their indexes.

Villere's Young, whose shop is a fourth-generation family-run business in New Orleans, offered two nuggets from his great-grandfather; "Stocks are seldom cheap and popular at the same time," and "Don't fall in love with a stock because it won't love you back."

BMO's McAllister, the sole fixed income PM on the panel, pondered the end of the bull market in bonds.

"The bull market ended last year. Rates can only go so low," McAllister said. "But, the bear market hasn't started yet. The bear is awakening a bit but he's still in the cage."

Hennessy's Ellison, who joined thanks to Hennessy's acquisition of FBR's mutual fund business, described the financial sector as "really sort of a group hug industry," in contrast to sectors that are more divided between winners and losers. 

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

 Do You Recommend This Story?

Return to Top
 News Archives
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:
Add to My Yahoo!
follow us in feedly

  1. Director Discussion Series - Open Forum via Zoom, September 29
  2. IMEA roundtable - Portfolio Construction, September 29
  3. MMI webinar - The Future of Marketing is Changing ... Are You Ready?, September 29
  4. IDC Speaker Series - A Conversation with Roger Ferguson, October 3
  5. IDC webinar - A Conversation with Roger Ferguson, Jr., October 3
  6. 5th annual Expect Miracles Atlantic Coast Classic, October 3
  7. Nicsa Fearless Leadership Symposium, Oct 6-7
  8. 7th Annual FUSE Forum, October 6
  9. 2022 ICI Securities Law Developments Conference - day 1, October 11
  10. MFDF Director Discussion Series - Open Forum (San Francisco), October 12
  11. 2022 ICI Securities Law Developments Conference - day 2, October 13
  12. MFDF In Focus: ESG Data Requirements - What Directors Need to Know, October 19
  13. 2022 MMI Annual Conference, Oct 19-21
  14. 2022 IDC Fund Directors Conference, Oct 24-26
  15. 18th annual Expect Miracles Wine & Spirits Event, October 27
  16. Buford Capital Securities Litigation Symposium, November 1
  17. IMEA All-Council Fall Summit, Nov 2-3
  18. Nicsa 2022 General Membership Meeting, Nov 2-3
  19. Tiburon CEO Summit XLIII, Nov 7-9
  20. 2022 ICI Tech Summit, Nov 8-9
  21. UCITS & AIFMD for U.S. Managers - New York, Nov 8-9
  22. 2022 MMI Distribution Leadership Forum, Nov 9-10
  23. MFDF Asset Management Industry Update and Director Governance Trends, November 10
  24. 3rd Annual ETFGI Global ETFs Insights Summit - United States, Nov 15-16
  25. 2022 MMI Alternative Investments Forum, November 16
  26. MFDF webinar - Mutual Fund CCO Compensation: The MPI Annual Survey Update, November 16

©All rights reserved to InvestmentWires, Inc. 1997-2022
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use