Small-cap growth is an area of the stock market that would seem to imply frequent trading and extra risk. But Jeff Cardon, whose Wasatch Small Cap Growth Fund has been one of the best performers in its class for more than a decade, has built a strong track record without high turnover or added risk. [...]
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Top Fund Managers Looking to Bounce Back
October 11, 2011
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Many fund managers with strong long-term track records have been hit hard during the market’s late summer/early fall tumble. But, according to Barron’s, that makes several of those funds attractive bargains right now. Among the funds Barron’s examines: Delafield Fund: Delafield has returned 9.6% annualized over the past decade. While it’s down 16.2% this year, [...]
Read moreTop Fund Manager Putting Cash To Work
August 29, 2011
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Steven Romick, who has been one of the U.S.’s top mutual fund managers for over a decade, says he’s tilting his portfolio toward larger firms with international, non-dollar exposure. Romick tells Barron’s that he’s been buying stocks in the past few weeks as markets have struggled. But, he adds, “this isn’t a time to put [...]
Read moreSwensen on the Dangers of Mutual Funds
August 24, 2011
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Yale endowment manager David Swensen has produced exceptional long-term returns over the long haul. And in a recent op-ed for The New York Times, he takes aim at some of those who haven’t been able to do that: mutual funds. “Too often, investors believe that mutual funds provide a safe haven, placing a misguided trust [...]
Read moreBolton Remains Confident in China
June 24, 2011
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While his China-focused fund has struggled in its first year, top U.K. fund manager Anthony Bolton says he’s sticking to his general approach — with some modifications — and continues to think Chinese stocks are packed with potential. “I am pretty confident in the general approach,” Bolton tells The Telegraph. “I said before the fund [...]
Read moreGreenblatt on Why Fund Managers Fail
June 13, 2011
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In an article for RegisteredRep.com, hedge fund guru Joel Greenblatt takes a look at why so many mutual funds fail to beat the market averages over the long haul, and offers tips for how the “little guy” can beat the market. One big thing that hurts mutual fund performance, Greenblatt says, is fund fees, which [...]
Read moreTop Managers Shun Bank Stocks
May 5, 2011
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While it’s now more than two-and-a-half years since the collapse of Lehman Brothers and the worst of the financial crisis, several top investors are still avoiding bank stocks. “We find it hard to believe the banks have cured all their bad asset problems, and they aren’t transparent enough for us to understand the risks,” Clyde [...]
Read more#1 Fund Manager Profits from Debt
April 25, 2011
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While debt can be a dangerous thing, Fidelity’s Thomas Soviero — who recently supplanted Ken Heebner as the top-performing fund manager of the past decade — says it can also lead to opportunity. “Debt doesn’t have to be a four-letter word,” Soviero, whose Fidelity Advisor Leveraged Company Stock Fund averaged annual returns of 15% for [...]
Read moreYacktman Managers Talk Strategy, Mindset, and Value
April 6, 2011
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In an extensive interview with GuruFocus.com, Donald Yacktman, Stephen Yacktman, and Jason Subotky of the top-performing Yacktman Funds talk about their investment strategy, and where they’re finding value right now. “The most important decision is the purchase price relative to the value of the investment,” the managers say when asked what the most important indicator [...]
Read moreTop Fund Manager Talks Strategy
December 20, 2010
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While most long-only equity funds have struggled in the past decade, Donald Yacktman’s two funds have returned 12.4% and 12.9% per year, respectively. And in a recent interview with The Wall Street Transcript (click here for a PDF) Yacktman and his two co-managers discussed how they’ve been able to do so well during such a [...]
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