MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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|
MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Friday, October 12, 2007 Returns Up, Assets Down at Fidelity In today's Wall Street Journal Fund Track column, Murray Coleman writes that Fidelity is witnessing a drop in assets at many of its biggest funds despite an improvement in returns. The Boston Behemoth's Magellan Fund, for instance, experienced outflows of $6 billion this year heading into September. Also, at least eight other popular funds managed by Fidelity saw a total of about $23 billion in net outflows, Coleman reports, citing data from the Financial Research Corp. Printed from: MFWire.com/story.asp?s=16077 Copyright 2007, InvestmentWires, Inc. All Rights Reserved |