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

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

Rating:WSJ and Rekenthaler Consider Rothenberg's New Moves  Not Rated 0.0 Email Routing List Email & Route  Print Print
Monday, September 23, 2013

WSJ and Rekenthaler Consider Rothenberg's New Moves

News summary by MFWire's editors

Last Thursday, MFwire covered the striking publicity move by the chairman of Capital Group [profile], which oversees American Funds. The famously taciturn chief, James Rothenberg flew to NYC to speak to various media outlets including reporters from Reuters and the Financial Times. Today, Morningstar's John Rekenthaler and the Wall Street Journal's Tom Lauricella took note of Rothenberg's move to speak and considered the new study American Funds released, "The active advantage: A history of delivering persistent above-benchmark returns.?

The move into the spotlight could indicate that active stock-fund managers are finally taking a stand after seeing billions of dollars move into index funds.

Rothenberg admits that the average fund manager struggles to beat the index but argues in its new research paper that its funds fare better, writes Lauricella.

Rekenthaler says the new research isn't perfect, but a good starting point. The study, "The active advantage: A history of delivering persistent above-benchmark returns," ultimately shows the strengths of American Funds, rather than the industry for actively managed funds as a whole.

See the WSJ article here, and the Morningstar article here

Edited by: Katie Lobosco


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

0.0
 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