MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
|
|
MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Friday, April 6, 2007 Open-Enders! Rub that Sand from Your Eyes. The closed-end fund industry has long been a world unto its own. Not only do few investors crossover from one type of product to the other, few fund firms are switchhitters either. Yet, those firms specializing in open-end funds may want to take a peek at the closed-end world, reports the WSJ's Fund Track column. The paper reports that closed-end fund offerings have already raised more than $30 billion so far this year. That is more than they raised in all of 2006. Driving the reawakening is a hunt for yield by investors. Printed from: MFWire.com/story.asp?s=13964 Copyright 2007, InvestmentWires, Inc. All Rights Reserved |