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The other reason for caution is that November could bring some turnover among five of the six portfolio managers, as their five-year management contracts, signed when Franklin acquired the firm, run out.
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There is a major talent turnover underway in utilities too, according to CEWD's Randazzo, too which will likely at least bring some fresh ideas.
Anyone bring some marshmallows?
At Brill's Content, there has been constant staff turnover, although several writers said there was guarded optimism about Mr. Kuhn's arrival because of the potential that he might bring some electricity to the magazine.
Do bring some reading material.
And thus it may bring some bias.
Then bring some cotton.
Don't forget to bring some socks.
The risks cut both ways: Too much stock can bring slower turnover and cash flow, while too little can mean lost sales.
Chiang, 38, insists he'll bring costs and turnover down this year, contending that most of this turnover was because he needed to remake the portfolio.
"I brought some cookies".
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