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

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

Rating:Jaffe Sees SEC Fee Crackdown in 2012 Not Rated 0.0 Email Routing List Email & Route  Print Print
Tuesday, January 3, 2012

Jaffe Sees SEC Fee Crackdown in 2012

News summary by MFWire's editors

MarketWatch columnist Chuck Jaffe welcomes 2012 with his eight-point fearless forecast for the mutual fund industry. But none of the predictions are likely to be fresh to mutual fund industry insiders.

Jaffe expects the industry to hype three-year returns as 2008's lousy returns fall off the radar.

He looks for marketers to sell low-volatility and that a fund designed to protect investors from risk will be crushed.

"At some point, a small fund will find itself upside-down after a market event (maybe a fresh euro-zone scare?) and feel the sudden crush that investors are trying to avoid," he writes.

He predicts a big legal battle as part of the SEC's "fees-and-expenses war" dating to 2010.

He expects that Fidelity [profile] will "jump with both feet into the EFT space." Is this the trendy prediction for 2012?

Another safe call is that money fund sponsors will see another wave of fund closings and that the SEC will work hard to finish the 12b-1 reform so, as Jaffe puts it, "they will do something cosmic to appease politicians in an election year, but mostly they want to 'finish' the job so that they don't have t bother with it again."

His most quirky prediction is that some outfit will open a "trending" fund. What that is, even the MFWire is unsure.  

Edited by: HFD


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
2024: Q4Q3Q2Q1
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