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 |
|
Wednesday, October 30, 2013 Towle Managers Eat Their Own Cooking Tastes good indeed. The father-and-son team of Woody and Christopher Towle are an example of two fund managers who eat their own cooking, and enjoyed it too. Reuters reports that the Towles, who manage the $41.7 million Towle Deep Value Fund, saw their fund earning 56.7 percent for the year through October 25, or about 30 percentage points more than the benchmark Standard & Poor's 500 stock index, and is in the top one percent of its peers, according to Morningstar data. The newswire notes that roughly 40 percent of the assets invested in the fund are from the Towle's own pocket. Printed from: MFWire.com/story.asp?s=46588 Copyright 2013, InvestmentWires, Inc. All Rights Reserved |