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, April 16, 2001 Weitz Stays the Course Despite, or maybe because of, fund inflows of over $1.9 billion last year, Wally Weitz of Weitz Funds apparently likes things the way they are. The value house has no plans to move on their momentum, relying on its existing investor base to capture more assets. "We like the direct clients," said Ann Skrone, manager of client services and the only marketing executive at the Omaha, Nebraska-based fund firm, before explaining, somewhat contradictorily, that Weitz has no plans to start advertising: "We're a little different." Additionally, Weitz Funds has no plans to subadvise for other funds, citing the money management requirements of its own funds: "I think that our portfolio managers are busy with our own funds," said Skrone. Total assets under management are approximately $6.5 billion. The fund family includes the Weitz Hickory Fund (WEHIX), Weitz Partners Value Fund (WPVLX), and the Weitz Value Fund (WVALX). Printed from: MFWire.com/story.asp?s=26509 Copyright 2001, InvestmentWires, Inc. All Rights Reserved |