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Friday, May 6, 2011

Fundsters Confront an Evolving Industry

News summary by MFWire's editors

Mutual fund shops are trying to create tailored products to fit specific niches such as absolute return funds, The Wall Street Journal reports.

Fundsters such as Ronald O’Hanley, president of asset management and corporate services at Fidelity Investments [see profile], James Robertson, who runs Invesco Perpetual’s European operations, William Glavin, chairman and chief executive of OppenheimerFunds [see profile] and Jack LaPorte, PM at T. Rowe Price Group [see profile] all weighed in on the issue at the Investment Company Institute’s general membership meeting.

The MFWire covered the pow-wow yesterday.  

Edited by: Hung Tran


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