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 |
|
Tuesday, November 13, 2012 Forbes Chats With a PM Who Touts Mutual Funds Forbes Magazine has gone inside the brain of Andrew Duffy, PM for the James Alpha Global Real Estate Investment Fund, and he says investors are better off investing in global REITs via mutual funds rather than ETFs. In an interview with Forbes' Brad Thomas, Duffy said ETFs own "the good, the bad and the ugly" while mutual funds pick only to the good companies. He says "why would you want to own the bad and the ugly companies when you can invest via a mutual fund that seeks to own only the good ones?" According to him, his assertion is backed by empirical evidence. As for the president Barack Obama's reelection, Duffy thinks this will bring positive outcome toward health care REIT stocks. "We expect rates to stay low which would make REIT dividends that much more attractive vs. bonds, and continue to provide a low cost of debt tailwind for commercial real estate and REITs," he said. Printed from: MFWire.com/story.asp?s=42017 Copyright 2012, InvestmentWires, Inc. All Rights Reserved |