Financial Services Industry
Industry: Email Alert RSS FeedCreativity is a vital trait for funds.(Conference Calls)
Investment News, March, 2005
Byline: David Hoffman PALM SPRINGS, Calif. - The benefits of fund company mergers and acquisitions and of being a shop that produces, sells and packages mutual funds may be waning because of changes in the industry. The result: more creativity. That's what Robert C. Pozen, chairman of MFS Investment Management Inc.
in Boston concluded last week during a panel discussion here at the Washington-based Investment Company Institute's Mutual Funds and Investment Management Conference. Impact of architecture He argued that "synergies'' have become more difficult to achieve because of an increasing move toward open architecture - a system where multiple mutual fund brands are offered. That move has been fueled by a number of factors,...
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