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
- Here's the schedule very successful people follow every day
- A gay Mormon's complicated journey
- What would a U.S.-Russia war look like?
- Why you should really take a nap this afternoon, according to science
- The biggest lesson Obama failed to learn from Bush
- 7 things the world's happiest people do every day
- This Indian meal service is so efficient it's the envy of FedEx
- Why you shouldn't eat dog. Not even once.
- How social conservatives became a minority in need of protection
- How to flirt, according to science
Subscribe to the Week