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, April 16, 1999 Odd Lots, April 16, 1999 Fund Inflows Down by Half From The New York Post Mutual fund cash flows have plummeted to $27 billion so far this year from $54 billion at the same point last year, says AMG Data Services. Who is stealing fund cash flows? The New York Post looks at stock day-traders. It even credits them for saving the stock market's bacon. Losing to the S&P? Blame the New Economy From The New York Times The Grey Lady takes a stab at explaining why most funds fail to top the indexes. Unlike Jack Bogle it does not blame fees. Instead it ponders whether funds and their "old economy" stocks are being left in the dust by "new economy" stocks and whether managers can blame the fact that their portfolio is not market cap weighted. It adds to the NY Post's coverage by pointing out that 73% of the first quarter's anemic fund inflows went to index funds. Value Funds Should be Worth It From The Wall Street Journal Also, today's mutual fund column examines (again) the plight of value funds and why they probably won't perform as badly in the future as they have recently -- in the past twelve months these funds are down an average of six percent. Printed from: MFWire.com/story.asp?s=24877 Copyright 1999, InvestmentWires, Inc. All Rights Reserved |