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"Any fund shop is not a monolith," she added.
66. Married FATHER, RUPERT SR., CREATED MUTUAL fund shop Franklin Distributors 1947.
Father, Rupert Sr., founded early mutual fund shop Franklin Distributors 1947.
Mutual fund shop Legg Mason gained 6.6% ahead of its report due after the closing bell.
A "Tiger Cub," Coleman trained at Julian Robertson's famed hedge fund shop, Tiger Management.
Returning to the U.S. intent on working in asset management, Laffont worked for free at a tiny mutual fund shop.
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"All of a sudden all these fund shops have an international exposure," Mr. Gogerty said.
"That provides diversification among managers and fund shops" as well as asset classes, she said.
Just a few years ago, analysts, traders and others on Wall Street who wanted to open up their own hedge fund shops practically had money raining from the skies.
Founded in 1930 by two Depression-era bankers, Dodge & Cox has just six, single-class mutual funds, compared with an average of 464 for the largest 25 fund shops, according to Morningstar.
Expect more mutual fund shops to offer ETFs themselves to investors.
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