Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Odd Lots, November 22, 1999 Not Rated 3.0 Email Routing List Email & Route  Print Print
Monday, November 22, 1999

Odd Lots, November 22, 1999

Reported by Hayley Green

Janus and Alliance jump into value
From The Wall Street Journal
Janus Capital Corp. and Alliance Capital Management, two mostly growth shops, are each launching value funds. In the first three quarters of this year, Janus and Alliance claim to have had the two best-selling mutual funds run by active managers, the growth-oriented Janus Twenty and Alliance Premier Growth. Observers say Janus may feel pressure to give customers a greater selection. The new Janus portfolio, Janus Strategic Value Fund, is expected to be run by David Decker, the current manager of Janus Special Situations Fund.

China relaxes rules
From The Wall Street Journal
China has relaxed limits on new share subscriptions by mutual funds, in its latest step to boost the nation's institutional investors. The new rules allow fund operators to buy stock on the primary market and sell it on the secondary market. Under the effective regulations mutual funds can now subscribe to at least 20% of any new share issue over 50 million units. Previous rules limited the amount of shares rationed to mutual funds at 10% for offerings of between 50 million and 100 million shares, and at 15% for issues between 100 million and 200 million shares.

Good time for value stocks equals good time for value funds
From The Boston Globe
Dividends are attracting investors to stocks as investors consider shifting some of their growth stock gains into less volatile territory. Some stocks with high dividend yields are both out of favor and undervalued says manager of the MFS Equity Income fund, Lisa Nurme. In addition these companies are ripe for consolidation, and Nurme says mergers among utilities, telephone companies, and financial services firms are a theme that could add some spice to the value stock story.

Active managers beat wallflowers
From The Los Angeles Times
Equity index funds have trounced active fund managers in the past few years making stock-picking almost seem like a dirty word. Things, however, seem to be changing. Among small-company growth, mid-cap growth and large-cap growth funds, active managers are now beating the sit-tight-ers, on a year-to-date, one-year, three-year and five-year basis, according to Morningstar Inc. data through Oct. 31. The list of the top-performing domestic stock funds year-to-date is filled with high-turnover portfolios, including Van Wagoner Emerging Growth (annual turnover: 668%; YTD total return: 228%); Orbitex Info-Tech & Communications (turnover: 360%; return: 122%); and Turner Midcap Growth (turnover: 304%; return: 82%), according to the Los Angeles Times.  

Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

3.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly


  1. MFDF Director Discussion Series - Open Forum via Zoom, December 7
  2. 2022 MMI Leadership Pathway Seminar, December 7
  3. 2022 Samfund Annual Celebration, December 7
  4. IMEA In Session - Cyber Security Trends, December 8
  5. U.S. Securities and Exchange Commission Investor Advisory Committee meeting, December 8
  6. MFDF webinar - Investment Valuation and Governance: Deloitte's 20th Annual Fair Valuation Pricing Survey, December 8
  7. Women in ETFs Philadelphia - Holiday Happy Hour With Project Home, December 8
  8. MMI webinar - Defining & Stimulating the Client Experience, December 9
  9. US SIF media webinar: US Sustainable Investing Trends 2022, December 12
  10. Vett Fi Advisor Perspectives Investment Insights Summit 2022, December 13
  11. IDC webinar - Spotlight on the SEC's Swing Pricing and Hard Close Proposals, December 14
  12. 2022 MMI Webinar Sponsored by the MMI Blockchain Finance Forum: Digital Asset Classification, December 14
  13. WE Boston: Annual Give Back Event 2022, December 14
  14. MFDF In Focus: Closed-End Fund Activism, December 14
  15. Crane Data's Money Fund University, Dec 15-16
  16. Crane Data's Holiday Cocktail Party, December 15
  17. MFDF webinar - Impact of 2022 Mid-Term Elections on the Financial Industry, January 10, 2023
  18. IDC's Foundations for Fund Directors, January 11 - 12, 2023
  19. MFDF 2023 Directors' Institute, January 23 - 25, 2023
  20. Exchange: an ETF Experience, February 5 - 8, 2023
  21. 8th Annual Expect Miracles in Manhattan, February 16, 2023
  22. MFDF webinar - Fund Industry Claims Trends: An Insurer's Perspective, March 1, 2023
  23. MFDF 2023 Fund Governance & Regulatory Insights Conference, March 9 - 10, 2023
  24. Crane Data's Bond Fund Symposium, March 23 - 24, 2023
  25. 2023 MMI Summit, March 29 - 30, 2023
  26. 34th Sub-Advised Funds Forum, April 3 - 4, 2023




©All rights reserved to InvestmentWires, Inc. 1997-2022
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use