MutualFundWire.com: 8. Jim Rothenberg
MutualFundWire.com
   The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
Wednesday, November 24, 2010

8. Jim Rothenberg


Jim Rothenberg
Capital Research and Management
Vice Chairman
Famously quiet, taciturn or just plain media-phobic, the top executives at Capital Group [see profile] have sailed a consistent course at American Funds. They advertise to their client -- the advisor -- and shun the media. They do not let their PMs become the stars of the show and they use their funds' heft to relentlessly innovate their distribution.

Yet even well-executed plans sometimes are mis-timed. For the first time in years investors and advisors are questioning American Funds and slowly pulling assets.

Jim Rothenberg is choosing to wait for the changing moon and is sticking to the plan. In his first media interview in five years he told Bloomberg that:

"There are a lot of things we could do to grow sales. But we won't do them."

Enough said.


Printed from: MFWire.com/story.asp?s=35142

Copyright 2010, InvestmentWires, Inc.
All Rights Reserved
Back to Top