MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Monday, April 7, 2008 New San Francisco Fund Shop CIO Talks Strategy Now that his company has launched its first three mutual funds, Michael Moe, chief investment officer of San Francisco-based ThinkCapital Management and a co-portfolio manager of the ThinkFunds, discussed the details with The MFWire. "We always thought funds would be a big piece of the business," Moe said. "We just did not want to get into the market until business has progressed." ThinkCapital rolled out the funds -- ThinkGrowth, ThinkGlobal and ThinkGreen -- last week. According to Moe, the time to launch the funds was right for three reasons: the ThinkEquity brand had achieved credibility in the marketplace, infrastructure was in place to support the fund business and he foresaw a good period for the growth stocks on which the funds focus. Although ThinkEquity is interested in growing its fund business, Moe said he first wants to make sure the first three funds succeed. He said at some point, the company may may want to break into other areas than growth, but it is not currently on the horizon. ThinkEquity currently distributes its funds through RIAs and the retail channel. Moe said the firm will map its future distribution plans one piece at a time. Printed from: MFWire.com/story.asp?s=17891 Copyright 2008, InvestmentWires, Inc. All Rights Reserved |