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 |
|
Thursday, June 16, 2005 Who's with Amerindo? Investors in the Amerindo Technology Fund have pulled out 39 percent of the funds assets in the last three weeks, reports the Investors Business Daily. The fund, which had $105 million in assets on May 25, before the arrests of fund managers Alberto Vilar and Gary Tanaka, experience $4.3 million in withdrawals by June 6, and another $35.3 million the week after. The fund is currently being advised by Munder Capital Management in a temporary contract that lasts 150 days. Printed from: MFWire.com/story.asp?s=9904 Copyright 2005, InvestmentWires, Inc. All Rights Reserved |