Bear Weighs Down Big Fund Firms – March 19
investment management firms
Fidelity Investments and State Street Corporation were among the largest institutional shareholders of Bear Stearns. Also, due to capacity constraints of the 16 underlying managers, Harcourt Investment Consulting will add 5-7 funds to its socially-responsible fund of hedge funds this year. Meanwhile, AM firms need to develop “outcome investing” strategies. Finally, Following the launch of its newest foreign investment fund last week, the Bangkok Post says BT Asset Management plans to unveil 8 new funds this year.
Fidelity Funds managers are a bunch of retarded irresponsible assholes They should all be hung up by their nuts and shot. They pick funds by using a dart board. They know absolutly nothing about the market those ASSHOLES.