Daily Archives: July 30, 2013

Showcasing Lucky Stars: Mutual Fund Incubators

In 2012 the mutual fund industry launched 628 new funds.  This number wasn’t a record, it was simply in-line with average figures. Almost 500 funds were either liquidated or merged away into other funds. This pattern repeats year after year: new funds get launched, poorly performing funds disappear. In bad markets, the industry rushes to […]

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