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Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.

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M*: Indexers, Pure Managers, And Conglomerates

TedTed
in The Bullpen
FYI: Adrift?
Last month, the New York Times pictured Fidelity as a company wandering through the desert. The article, “Fidelity, Bruised From Crises, Searches for Life After Mutual Funds,” suggests that the company’s “once-dominant stock pickers are stuck in the past, in more ways than one.” A newsletter publisher (Jim Lowell) states, “Fidelity is in an existential crisis.”

This is true and not
Regards,
Ted
http://www.morningstar.com/articles/867967/indexers-pure-managers-and-conglomerates.html
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