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Rating:Several Mutual Fund Managers Share in Lehman's Misery Not Rated 0.0 Email Routing List Email & Route  Print Print
Tuesday, September 16, 2008

Several Mutual Fund Managers Share in Lehman's Misery

by: Erin Kello

Which fund companies stand to lose the most in the fallout following Lehman Brothers' bankruptcy? The WSJ's Daisy Maxey, citing data from FactSet, reports that the fund companies with the largest holdings in Lehman as of June 30 were AllianceBernstein; ClearBridge Advisors; Fidelity Management & Research; BGI; Wellington Management; and SSgA. Also in the top ten fund companies with the largest Lehman holdings was Vanguard. A Vanguard spokesperson said that it has cut its positions significantly since June 30.  

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