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 |
|
Thursday, May 9, 2013 Are Financial Sector Funds Trouble? If you run or work at a financial sector fund, at least one industry insider thinks you're in for a world of hurt. In an article on Seeking Alpha, David Trainer, the CEO of research firm New Constructs, argues that a lack of good stocks are going to cause problems for funds in this space: Only 5% of Financials stocks by market cap earn an Attractive-or-better rating. Dangerous-or-worse rated stocks make up 81% of the value in the sector.For more details, and to see Trainers best and worst funds inthe sector, check out the original article here. Printed from: MFWire.com/story.asp?s=43837 Copyright 2013, InvestmentWires, Inc. All Rights Reserved |