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Momentum investing is a strategy where fund managers buy the shares of companies that have been going up in price, and hold on to the shares until this trend reverses.
Fund-management fees are earned in proportion to the value of assets under management.Moreover, more companies are switching pension money out of equities and into bonds, where fund managers are traditionally weak and the fees anyway lower.
Which reform proposals do you like? A. I support the ban on directed brokerage, where fund families direct trading to brokerages in return for that firm selling their funds.
The discrepancy, which I first noticed in a Forbes article, points to two challenges for the increasing number of people with 401(k) or similar accounts who are using target-date funds, where fund managers divide money among stocks, bonds and other assets and make that allocation more conservative as you age and get closer to needing the money.
And the 14 African countries that the World Bank classifies as "fragile" have grown by only 2.5% a year over the past decade.A lot of hot private capital has been attracted to a very few countries, such as Nigeria, where fund managers have been impressed by reforms in the banking sector as well as by its healthier economic state.
Ultimately, founder Johann Wong wants to build an electronic exchange where fund shares can be bought and sold.
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Where fund-raising is concerned, the parents are resourceful.
"Voters were very well served by what we were looking for, which is the democratization of elections where fund-raising is concerned.
DON'T LOSE SIGHT OF THE PRIZE Mr. Starr gets daily computer reports of where fund-raising stands compared with past years.
The site can be visited, helpful volunteer guides are there to explain its significance, and there is a performance space where fund-raising events are held.
In return, the national committee furnished him with $900,000 in so-called soft money for him to use in Illinois, where fund-raising rules are much looser.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com