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 |
|
Monday, April 24, 2000 April 24, 2000 Faith in the Old Economy From The Boston Herald The key question on everyone's mind is the ability of the New Economy to bounce back from the recent hits it has taken. Has the bubble burst? Will the tech sector rebound as after past dips? Will Gilligan ever stop poking holes in the boat? With the exception of the last question, all of the above come down to whether to continue to bet on growth or re-balance to more value. Ed Walczak, manager of the Vontobel US Value Fund, likes both consumer product stocks like J&J, down to $77 from a high of $107 and the insurance companies in general, which he feels are trading as low as bank stocks in the early 1990s. Pax joins computer recycling effort From CBS MarketWatch The Pax World family of funds announced that it is joining the Silicon Valley Toxics Coalition to promote computer recycling. Pax is supporting the SVTC's push for a computer recycling and "takeback" plan. SVTC research indicates that while 90 percent of computer contents can be recycled, only about 6 percent of abandoned computers were recycled in 1998. Further, they estimate that a third of a billion computers will become obsolete in the next five years. The worry is that the disposal/recycling of the many toxic substances that go into the manufacture of computers, such as chlorinated and brominated substances, metals, gases, acids and plastic additives, is not being addressed. Large-cap growth at the heart From TheStreet.com The Street's weekly fund screen explores the wonderful wacky world of large-cap growth, what it thinks should be the core holding of any portfolio. To be in its top 10, funds has to beat its average peer since Jan. 1, as well as over the past one- and three-year periods. They also had to have below-average expenses, at least 90% of their assets invested in U.S. stocks, and a manager who'd been on board for at least three years. Printed from: MFWire.com/story.asp?s=25667 Copyright 2000, InvestmentWires, Inc. All Rights Reserved |