To read the accounts in the popular press of last year's mutual fund performance is to understand the frustration felt by many investors. Exhibit A: Barron's annual fund family ranking issue earlier this year doctored the headline The Best Fund...
Plenty of investors have been unhappy about their municipal bond funds of late. During 2008, the average municipal bond mutual fund lost 7.7 percent, according to Morningstar. Then the funds recovered, gaining 12.0 percent during the first eight...
After the S&P 500 began sinking in 2000, some proponents of index funds criticized the most popular benchmark. The S&P 500 is too volatile, and, being cap weighted, is based on over-valued stocks, they said; so they set about finding better...
AGE: 70 POSITION: Chairman, Co-Founder, Grantham Mayo, Van Otterloo (GMO) LOCATION: Boston Education: University of Sheffield; Harvard Business School Until recently, the 70-year-old co-founder of institutional money manager, Grantham Mayo Van...
