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, December 21, 2010 Is Berkowitz Biting off More Than He Can Chew? Is the Fairholme Fund [see profile] getting too big for its own good? Yesterday's Morninstar Fund Spy column posed that question citing the fact that the fund has taken in some $4 billion this year alone, which is "more than any other domestic equity fund and an amount equal to 41 percent of its total AUM just 11 months back," writes Michael Breen. Breen surmised that Fairholme's inflows aren't limiting the fund's options when it comes to putting its dry powder to work but it "merits a watchful eye". Fundsters interested in reading up on Bruce Berkowitz's latest bets may want to check out the rest of the article. Printed from: MFWire.com/story.asp?s=35462 Copyright 2010, InvestmentWires, Inc. All Rights Reserved |