How many PMs invest heavily in their brand new products? In the "Focus on Funds" column, Brendan Conway of
Barron's highlights PMs of freshly-launched mutual funds who ate of lot of their new cooking.
Barron's named the 12 PMs and their nine new mutual funds, out of 484 new mutual funds launched in 2012, who invested at least $100,000 in their new mutual funds. The PMs and funds, along with ranges for how much they invested in funds they launched last year, are:
- Howard Gleicher of the Aristotle/Saul Opportunity Fund [profile] (more than $1 million);
- Ernesto Ramos of the BMO Low Volatility Equity Fund [profile] (between $100,000 and $500,000);
- David Miller of the Catalyst Insider Long/Short Fund [profile] (between $100,000 and $500,000);
Robert Goldstein and Joel Greenblatt of the Gotham Absolute Return Fund [profile] (between $500,000 and $1 million);
- Mark Baribeau of the Prudential Jennison International Opportunities Fund [profile] (between $500,000 and $1 million);
- Henrik Strabo of the Rainier International Discovery Fund [profile] (between $100,000 and $500,000);
- Dana Feick, Rick Moulton and Mark Thompson of the Riverbridge Fund (more than $1 million);
- Andrew Foster of the Seafarer Overseas Growth and Income Fund (more than $1 million); and
- Mark Shenkman of the Shenkman Short Duration High Income Fund (between $100,000 and $500,000).
 
Edited by:
Neil Anderson, Managing Editor
Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE