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

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

Rating:Odd Lots, April 7, 2000 Not Rated 3.0 Email Routing List Email & Route  Print Print
Friday, April 7, 2000

Odd Lots, April 7, 2000

Reported by Paul Braverman

Sudweeks departs Montgomery
From The Wall Street Journal
Bryan Sudweeks, co-manager of the Montgomery Emerging Markets fund since its launch in 1992, is leaving the firm. The fund has struggled in recent years, but Sudweeks's departure had nothing to do with performance, according to Montgomery officials. Sudweeks said leaving the firm allows him to pursue a lifelong dream to teach international finance and to spend more time with his seven young children. Josephine Jimenez, who has been co-manager since the launch, will take over.

Denver dynamo, number 2
From TheStreet.com
Denver is quickly becoming America's mutual fund capital. Janus' recent success is well known, but Invesco is making waves of its own. In the first two months of the year, the firm took in $3.3 billion, third among mutual fund families and higher than Fidelity and Vanguard, according to Financial Research of Boston. Part of that growth is due to Invesco's strong performing lineup of sector funds.

I (don't) want to HOLDR your hand
From Morningstar
The Broadband basket, the latest addition to Merrill Lynch's lineup of Holding Company Depository Receipts (HOLDRs), began trading on the American Stock Exchange yesterday. The existing lineup includes HOLDRs which focus on Internet, telecom, biotech and other industries. HOLDRs are a basket of 20 stocks in a single investment vehicle that trade like a stock throughout the day on the Amex. The good news about these vehicles is the low annual expenses and tax-efficiency. The downside is that they're not nearly as diversified as Merrill claims.

Everybody have fun tonight, everybody...
From InvestmentNews
Alexander Cheung's departure from Monument Funds seemed friendly, but bad feelings are starting to surface. In separate interviews with InvestmentNews, Cheung acknowledged his unhappiness with the firm, and his former employer hinted at a possible lawsuit over Mr. Cheung's plan to start his own company. Cheung's abrupt exit is causing two concerns: outflows from the Internet Fund, which was managed by Cheung, and unease about the unknown new manager, Bob Grandhi. Litigation is possibility, and will likely depend on the impact at Monument and how Mr. Cheung pursues building his new firm's clients.  

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
2024: Q2Q1
2023: Q4Q3Q2Q1
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




©All rights reserved to InvestmentWires, Inc. 1997-2024
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use