In the Margins
Neil Hennessy believes mutual fund companies should make an acquisition the same way that they'd buy a stock. In an interview with InvestmentNews' John Waggoner, Hennessy, founder and chief investment officer of Hennessey Advisors, spoke about the market for mutual funds and the pressures on the industry as money flows out of actively managed funds and into passive funds. Read the original story from InvestmentNews.
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