MarketThoughts.com Home Page
 FAQFAQ   SearchSearch   MemberlistMemberlist   UsergroupsUsergroups  StatisticsStatistics   RegisterRegister 
 ProfileProfile   Log in to check your private messagesLog in to check your private messages   Log inLog in 
AARP OUT

 
Post new topic   Reply to topic    MarketThoughts.com Forum Index -> Mutual Funds, Hedge Funds and ETFs
View previous topic :: View next topic  
Author AARP OUT
rffrydr
Moderator
Moderator


Joined: 30 Oct 2005
Posts: 16909
Location: Sunny California
PostPosted: Tue Jul 27, 2010 10:46 am    Post subject: AARP OUT Reply with quote
AARP funds close three-years after opening....'nuff said:


http://www.americanbanker.com/issues/175_139/aarp-funds-closes-1022705-1.html?ET=americanbanker:e3916:2064106a:&st=email&utm_source=editorial&utm_medium=email&utm_campaign=AB_Wealth_Management_072710
_________________
Today is the Tomorrow you worried about Yesterday!
Back to top
View user's profile Send private message
Post new topic   Reply to topic    MarketThoughts.com Forum Index -> Mutual Funds, Hedge Funds and ETFs
Author AARP OUT Replies
rffrydr
Moderator
Moderator


Joined: 30 Oct 2005
Posts: 16909
Location: Sunny California
PostPosted: Mon Sep 13, 2010 3:36 pm    Post subject: Reply with quote
Dump of staid funds continues, Morningstar reporting closure of over 400 MF and throw in 36 ETF's for good measure. Master H. says more to come (market blowoff instead of blow-up?).

But....they're not running from alpha, they're embracing it. This from Morningstar's FundFlow update:

Quote:
Sibling PIMCO Unconstrained Bond Fund is continuing to enjoy strong momentum with a $615 million inflow. Its
popularity mirrors that of the multisector-bond category overall. The fund launched just over two years ago in June
2008. It has been a hit with investors, even though its performance has been disappointing so far. It finished near the
bottom of the category in 2009 and is close to the bottom decile again this year. But the fund's absolute-return focus
and disregard for benchmark weightings appeal to investment advisors and investors who became disenchanted with
traditional asset allocation following the financial crisis.
This desire for more unconventional, go-anywhere, absolute-return options also shows in the strong flows to worldallocation
fund BlackRock Global Allocation and world-bond offering Eaton Vance Global Macro Absolute Return.



"Hedge" Funds were born of fear. The run to treasuries is the end of that. A culture of risk is now being born. Where's the alpha? Like the jungle, its what you eat. Who knows, the Donner Party as an investment theme? $18 trillion: alpha is either really skinny...or really fat.
_________________
Today is the Tomorrow you worried about Yesterday!
Back to top
View user's profile Send private message
nodoodahs
Moderator
Moderator


Joined: 06 May 2005
Posts: 2408
PostPosted: Tue Jul 27, 2010 1:38 pm    Post subject: Reply with quote
Reminds me of HIG's push to be "everything retirement" ...
_________________
I haven’t seen a beatin’ like that since somebody stuck a banana in my pants and turned a monkey loose.
Back to top
View user's profile Send private message

Please log in to view without the ad banners
Display posts from previous:   
Post new topic   Reply to topic    MarketThoughts.com Forum Index -> Mutual Funds, Hedge Funds and ETFs All times are GMT - 6 Hours
Page 1 of 1

 
Jump to:  
You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot vote in polls in this forum


Powered by phpBB