What the Experts Say
Small funds, big payoff
In a search for top mutual-fund companies, don’t ignore the little guy, said Jonathan Burton in Marketwatch.com. With fewer assets under management, such firms are often in a better position to “ride bull runs and sidestep a bear’s swipe.” Among the top quartile of managers, 40 percent have less than $2 billion in total assets under management, according to research by Northern Trust, a large investment management firm. If you’re thinking of trusting your money to a boutique shop, make sure it has a “spotless record” with regulatory agencies and incentives tied to fund performance. Also, be wary of small funds that suddenly become popular. Rapid growth may overwhelm a sharpshooting firm, says Northern Trust’s Ted Krum. That may mean investing has taken a back seat to marketing.
THE WEEK'S AUDIOPHILE PODCASTS: LISTEN SMARTER
MOST POPULAR ON THE WEEK
- Watch out, China — America is working on dogfighting drones
- How liberals are unwittingly paving the way for the legalization of adult incest
- How the Simpsons/Family Guy crossover revealed the worst of both shows
- How to be the most productive person in your office — and still get home by 5:30 p.m.
- The troubling persistence of eugenicist thought in modern America
- Why the Chinese military is only a paper dragon
- 43 TV shows to watch in 2014
- Why America won't have enough money to battle ISIS
- Libertarianism's terrible, horrible, no good, very bad idea
- 11 facts yü should know about the umlaut
Subscribe to the Week