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Rating:WSJ Ponders Fund Firm Layoffs Not Rated 0.0 Email Routing List Email & Route  Print Print
Thursday, April 23, 2009

WSJ Ponders Fund Firm Layoffs

by: Neil Anderson, Managing Editor

Fundsters interested in a refresher on some of the recent mutual fund firm layoffs may want to take a look at the Thursday morning Fund Track column in the Wall Street Journal. Shefali Anand highlights previously reported cuts at numerous asset managers, including: Capital Group, Fidelity, ING Investment Management and T. Rowe Price (see MFWire, 10/27/2008, 10/29/2008, 11/6/2008, 11/12/2008, 11/17/2008, 11/20/2008, 11/21/2008, 11/21/2008, 11/28/2008, 1/29/2009, 2/3/2009, 2/4/2009, 3/17/2009, 3/22/2009, 4/9/2009, 4/16/2009 and 4/22/2009).

Anand blames asset falls (thanks to the down market) and the rise of ETFs for the cuts. 

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