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 |
|
Monday, October 26, 2009 Capital Group Gets the Star Treatment Fundsters interested in the fate of Capital Group may want to take a look at a Saturday article in the LA Times. Tom Petruno profiles Cap Group's American Funds and highlights their recent outflow pain in light of the 2008-2009 market turmoil. In particular, Petruno highlights the mutual fund titan's long-term stock-picking focus and its slow product-launching pace. (According to Petruno, American Funds has only 30 portfolios, not including its target date funds, including only two new launches in the past three years.) Printed from: MFWire.com/story.asp?s=23037 Copyright 2009, InvestmentWires, Inc. All Rights Reserved |