Morningstar: Some Funds Are Getting Too Big

A relatively small number of funds have attracted a large share of capital in recent years, and that could mean trouble, according to Russel Kinnel, an analyst with Morningstar in Chicago. In fact, in the past six years, the number of funds with more than $1 billion under management has swollen from...

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Bibliographic Details
Published in:Bank Investment Consultant 2006-05, Vol.14 (5), p.17
Main Author: Glover, Hannah
Format: Magazinearticle
Language:English
Subjects:
Business conditions
Investment advisors
Investment banking
Mutual funds
Online Access:Get full text
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Summary:A relatively small number of funds have attracted a large share of capital in recent years, and that could mean trouble, according to Russel Kinnel, an analyst with Morningstar in Chicago. In fact, in the past six years, the number of funds with more than $1 billion under management has swollen from 730 to 1,123.
ISSN:1543-2068