Exact(31)
Forty-two Strong funds will continue to be offered and 27 will be merged into others, a Strong spokesman said.
Still, investment managers see some strong funds in the muni market.
But the Strong funds continued to grow, and so did Mr. Strong's own fortune.
Strong Funds had its biggest month of outflows in September, with $90.2 million leaving its equity funds.
Ms. Miletti of Strong Funds figures that Covad stock is worth in the mid-to-high $20's.
However, Mr Strong has retained his role at Strong Capital Management, the firm responsible for the day-to-day management of Strong Funds.
Similar(27)
She is also a strong fund-raiser.
Historically, incumbent Presidents have enjoyed a strong fund-raising advantage.
Strong fund flows, however, often herald significant bear markets.
Among other factors, they point to strong fund-raising and the Republican Party's national image problems.
Carlyle highlighted its strong fund-raising and gains from selling investments.
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