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Tuesday, May 12, 2009 Contrarians Bounce Back In Tuesday's Wall Street Journal Fund Track column, Sam Mamudi notes that with the recent market rebound, contrarian funds have been outpacing the S&P 500. So far this year, the Dreman Contrarian Large Cap Value is up 7 percent, Third Avenue Value is up around 13 percent and Legg Mason Value Trust is up 8 percent. This compares to a 0.7 percent rise in the S&P 500. Among those quoted in the article are Bernie McGinn, president and chief investment officer of McGinn Investment Management; Evergreen Capital Management chief investment officer David Hay, Third Avenue's Ian Lapey and Morningstar analyst Russ Kinnel. Printed from: MFWire.com/story.asp?s=21526 Copyright 2009, InvestmentWires, Inc. All Rights Reserved |