MutualFundWire.com: Another Day of Decline for Fund Stocks
MutualFundWire.com
   The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
Wednesday, August 15, 2007

Another Day of Decline for Fund Stocks


In a late day sell off today the Dow slid to a loss of 167 points, taking most fund company stocks down with it. Three fund company stocks did manage to eke out a gain, though.

Shares of Nuveen closed 0.76 percent up, while those of Hennessy were up 0.42 percent and Cohen & Steers, up 2.1 percent.

Losing 4 percent or more today were U.S. Global investors, down 5.6 percent; Calamos Investments, down 5 percent; Eaton Vance, down 4.6 percent and AllianceBernstein, down 4 percent.


Printed from: MFWire.com/story.asp?s=15413

Copyright 2007, InvestmentWires, Inc.
All Rights Reserved
Back to Top