Long gone are the times when star mutual fund professionals were being family names.
The potent personalities that after dominated fund management—think Monthly bill Gross or Peter Lynch—have moved on. Numerous active mutual funds are now operate by teams of two or additional professionals divvying up stock-finding obligations. The pattern also reflects the industry’s evolution, as exchange-traded resources and passive investing have eclipsed old-school mutual funds in acceptance.
Long gone are the times when star mutual fund professionals were being family names.
The potent personalities that after dominated fund management—think Monthly bill Gross or Peter Lynch—have moved on. Numerous active mutual funds are now operate by teams of two or additional professionals divvying up stock-finding obligations. The pattern also reflects the industry’s evolution, as exchange-traded resources and passive investing have eclipsed old-school mutual funds in acceptance.
