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, August 9, 2011 Investing Pros Discuss the Downgrade Dow Jones' Daisy Maxey spoke to fundsters in the wake of Standard & Poor's downgrade of of the U.S. government's credit rating. The investment pros told Maxey there are no forced sales of securities as a result of the ratings cut. Meanwhile, possible implications of S&P's move include "downgrades to other securities or changes to collateral requirements," according to the article. Those quoted in the article include Tom Luster, director of invesmtent-grade fixed income at Eaton Vance; Christine Thompson, chief investment officer at Fidelity Investments' bond group; Andrew McCormick, head of securitized products at T. Rowe Price; Joe Davis, chief economist and head of investment strategy at Vanguard Group; Christopher Molumphy, chief investment officer at Franklin Templeton Fixed Income Group and Kevin Morris, director of marketing at Principal Funds. Printed from: MFWire.com/story.asp?s=37527 Copyright 2011, InvestmentWires, Inc. All Rights Reserved |