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 |
|
Tuesday, July 7, 2009 Fund Launches are Down By More than Half in '09 Not surprisingly, this year has seen fewer fund launches compared to last year. During the first half of 2009, there were a total of 315 fund launches, compared with 741 in the same period last year, according to a published report. An edge in today's market means catering to investor's hunger for conservative portfolios that are stable, fixed income and balanced funds. The most popular funds to launch to-date are large-cap core, multi-cap core and large-cap growth. “Until you have a real sense that the equity markets are strong and are going to rise with some consistency, I think you will see a real conservative streak on the part of investors,” Burt Greenwald, a Philadelphia-based mutual fund consultant, told InvestmentNews. Printed from: MFWire.com/story.asp?s=21990 Copyright 2009, InvestmentWires, Inc. All Rights Reserved |