SVC O’Donnell moves management of American Sector Growth Fund in-house 29/02/00
Lowering management fee by 20%
- By: IE Staff
- February 29, 2000 February 29, 2000
- 17:00
Lowering management fee by 20%
Global Managers Fund to include 80 stocks chosen by four top sub-managers
Stocks jumps 13 percent in morning trading
Narrows net loss
Marathon shifts focus to building fund's assets
How securities firms are using the Web
Managers focusing on global investment
Dow Jones 40 will have low turnover
Global Tech fund taking long view
Both increased almost 40 percent
Top sellers of long term assets
Also has stats for last 10 years
But so do redemptions
A global tech fund and G3 fund
New fund has $50 million already
Affected by higher operating costs and lower investment
Revises hold-period restrictions
Overseas Equity and Money Market pools
"Clone" of International Master Portfolio fund
Offering new line of seg funds
In ongoing negotiations
Trail commissions up 22 percent
Due to strong investment performance and cost controls
Several acquisitions completed during the period