Posted on 07/06/04
High-yield plays dominate fund sector
Hasta la vista Latin American growth funds; hello income trust and hedge funds. In the wake of megamergers, the fund sector is consolidating -- and expanding -- like never before. While some funds are disappearing, merging assets with other plays to cut costs, uncertain market conditions have led to even more sprouting back in their place, promising ever-higher returns.
The full text of this article has 784 words.
To continue reading this article, you will need to purchase this article.
Already have a member account? Login now
Pay-Per-View Offers To read the complete article, select one of the following options
Purchasing from globeandmail.com is quick and secure.
