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Chuck Jaffe's Money Life Show: Guest: David Marcus, Manager, Evermore Global Value Fund
Back in the 90's David Marcus had a short but good record while managing Mutual European fund. Then he left for hedge fund world. Several years ago he returned and started Evermore fund. It's performance is uninspiring that shares the same distinction with David Winter's Evergreen fund, another former Mutual Series fund manager. The expense ratios of these funds are also high. No thanks...
@Ted. I wonder the David Marcus's motivation of returning to open-end mutual business. After all one can be much more profitable in hedge fund business.
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Regards,
Ted