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 |
|
Tuesday, November 16, 1999 Odd Lots, November 16, 1999 Janus says it's just stock-picking, not growth or value From TheStreet.com Janus Funds, well known for solid performance in growth, is trying its hand at value, with its Strategic Value Fund to be launched in February. Janus says that its core competency in stock-picking isn't merely limited to growth stocks, it's the research that wins the day, so picking value stocks will be little different.  Also on TheStreet.com, Invesco plans to add load shares to 27 of its funds.From The Wall Street Journal Robert Stansky, the manager of the world's largest mutual fund is voicing his reservations about tech stock's high price and concern about how they'll be affected Y2K. However, he increased his stake in tech stocks by approximately 300 million over the last 6 months, according to his midyear report. Fidelity Magellan's Stansky is beginning to load up on drug stocks like Eli-Lilly and Schering-Plough. Printed from: MFWire.com/story.asp?s=25116 Copyright 1999, InvestmentWires, Inc. All Rights Reserved |