MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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|
MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Tuesday, March 4, 2008 Jaffe Says Van Wagoner Restructuring is a Losing Bet Chuck Jaffe is not buying that the latest restructuring at Van Wagoner funds will help its perennially underperforming funds. The changes, announced on Feb 20 of this year, have Insight Capital Research and Management and Husic Capital Management taking over investment management duties of the Van Wagoner funds. The switch to the sub-advised model is still subject to shareholder approval. In his column for the Boston Herald, Jaffe says the latest move by Van Wagoner smacks of desperation and urges investors to take their money out now. Printed from: MFWire.com/story.asp?s=17583 Copyright 2008, InvestmentWires, Inc. All Rights Reserved |