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

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

Rating:Fund Firms Try to Soothe Rattled Investor Nerves Not Rated 1.0 Email Routing List Email & Route  Print Print
Thursday, October 2, 2008

Fund Firms Try to Soothe Rattled Investor Nerves

by: Armie Margaret Lee

The Boston Globe's Ross Kerber devoted an article Thursday to how fund firms are getting their message out to clients amid the market turbulence. Fidelity, for example, ran full-page newspaper ads that read "Volatility is to be expected," while Putnam Investments distributed a "Bear Market Relief Kit" to advisers containing charts that show how stocks have bounced back from previous lows. Other firms mentioned in the article include Vanguard, Schwab and MFS Investment Management.

Numbers from AMG Data Services show that mutual fund outflows totaled $14.9 billion in the first three weeks of September. About $4.5 trillion remain in equity funds.

Samantha C. Wreaks, publisher of The Journal of Financial Advertising and Marketing, noted the difference between fund firm's marketing efforts now and during the last financial downturn in 2001 to 2002. During that downturn, fund firms scaled back on spending. 

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

1.0
 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