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American fund investors have generally been a stubborn lot, perhaps because those with truly long horizons have historically done well.
American fund investors have long had at their fingertips the basic cost information needed to make rational consumer decisions between funds.
A good example is Perry Capital, another American fund.
Baillie Gifford cannot make that claim for its main American fund, Guardian Baillie Gifford International.
It is unclear how many companies are willing to contribute to the American fund.
In a small Massachusetts town, American fund manager Harry Markopolos lived in fear of his life.
Similar(10)
TEN years ago, GMO, an American fund-management group, was losing clients.
Figures from John Bogle of Vanguard, an American fund-management group, neatly illustrate the point.
German arms of American fund-management firms are just as unwelcoming, says Mrs Besser.
But recently, Pioneer Investments, an American fund-management firm, opened the first mutual fund to give individuals exposure.
The most likely acquirer appeared to be BlackRock, an American fund-management group run by Larry Fink.
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