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Monday, October 04, 2010

How Do Asset Managers Roll Up Their Funds' Sleeves?

News summary by MFWire's editors

Fundsters interested in diversified, multi-sleeve funds may want to take a look at this morning's edition of the Wall Street Journal. Michael Pollock takes a look at the fund niche, which can involve both sub-advisors and funds-of-funds.

The WSJ highlights three multi-sleeve funds in particular: DWS Alternative Asset Allocation Plus [see profile], MFS Diversified Income [see profile ]and Principal Diversified Real Asset [see profile]. Several fundsters weigh in, including: Jon Baum, chairman and CEO of BNY Mellon Asset Management's Dreyfus unit [see profile]; Michael Finnegan, chief investment officer at Principal Funds; Christine Johnson, a director at DWS Investments; and Jim Swanson, chief investment strategist at MFS. 

Edited by: Neil Anderson, Managing Editor

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