MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Thursday, September 27, 2007 Morningstar Sees Fido and Putnam Stewardship Slide How well are mutual fund families serving their shareholders? In Thursday's WSJ Fund Track (separate login required), Daisy Maxey reports on the fund stewardship grades Morningstar released earlier this week. (See "Making the Grade at Morningstar", MFWire, September 25, 2007.) Maxey fixates on the average B to C grade drop for Fidelity and C to D grade drop for Putnam, citing a lack of independent chairman at the Boston Behemoth and redemption and manager turmoil at Power Financial's recent buy. Printed from: MFWire.com/story.asp?s=15900 Copyright 2007, InvestmentWires, Inc. All Rights Reserved |