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Exact(10)
While growth-fund investors would be delighted with a 3x return for a fund of that size, Altman was hoping for an unheard-of 10x.
As for Mr. McCall's returns, Mr. Kapoor said he could not fault Focus Twenty because it had performed as would be expected for a fund of its composition.
Montgomery Partners, a unit of Montgomery Asset Management, an institutional money management firm, is raising money for a fund of funds with a minimum investment of $50,000.
Mr. Schröder has already promised hundreds of millions of euros in aid to affected German towns; Edmund Stoiber, his political opponent, called today for a fund of 2 billion euros, nearly $2 billion.
There is definitely need for a fund of such size that also has a strong existing portfolio.
It formally approved Elizabeth Bramwell's republication of the excellent record established while running a fund for Mario Gabelli in a prospectus for a fund of her own.
Similar(49)
These are the kinds of questions AXA Investment Managers are asking fund managers as the company's Responsible Investment team builds a fund of funds for its parent company, AXA Group.
The three-day championship event saw 32 teams from around the world competing for a prize fund of $1m.
Wiener argues that the expenses of 0.34% on the new Managed Payout funds are bit high for a Vanguard fund of funds.
It currently charges around 1.5% a year for a fund, minus a loyalty bonus of 0.25%.
"These guys aren't going to fail for a funding run because of the Fed's backing," Hintz said.
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