And not just to look at those two options either, ... If they can't get good management at modest cost, then liquidation is a good option too.
More Quotes from Russel Kinnel:
Generally, what you'll find is a pretty normal distribution (among socially responsible mutual funds). As far as I can tell, those screens don't have an impact positively or negatively on performance.Russel Kinnel
Despite those amazing returns, by and large all those funds really did was lose money for a lot of people. One of the main points of owning a mutual fund is to be able to access high-quality professional management. But you are throwing that away when you buy funds like these with some manager who just happened to get lucky.
Russel Kinnel
Putnam is in the early stages of a restructuring effort aimed at providing better, more reliable performance. It may be years before Putnam funds have a lot of appeal. Stock-picking skill and experience aren't changed overnight. Even if Haldeman and (head of research Josh) Brooks succeed, it will be years before their changes can markedly improve investment results.
Russel Kinnel
Most active managers are investing in what they think is a sure thing rather than their best speculative ideas. Nobody is out there trying to be a hero right now.
Russel Kinnel
If you thought you were the only one having a hard time finding a good small-cap fund, foreign or domestic, that was still open and not too bloated from assets, think again.
Russel Kinnel
It's a good strategy, a good manager, just not a very appealing wrapper.
Russel Kinnel
Readers Who Like This Quotation Also Like:
Based on Keywords: liquidationSo this is the only TV show in America where I am quite confident that you, the audience, will share my excitement when I tell you that coming up in our next segment, we have the best graph ever. Best graph ever.
Rachel Maddow
Grease is the only cure for a hangover.
Cameron Diaz
I've been blessed to find people who are smarter than I am, and they help me to execute the vision I have.
Russell Simmons