In the Margins
SunAmerica's Timothy Pettee is beating his stock-picking rivals without actually spending a lot of time picking stocks. Pettee, who runs the $11.5 billion SunAmerica Focused Dividend Strategy Portfolio, selects 30 stocks only once a year using a quantitative model. The mutual fund has returned 9.7% a year on average over the past decade, the best performance among more than 260 U.S. large-cap value funds, according to data compiled by Bloomberg. Read the original story from Bloomberg.
Most Read
The Securities and Exchange Commission's move earlier this week to greenlight Dimensional Fund Advisors' plan to offer ETF share classes of its mutual funds is likely ...
After years of making gains in filling fund board seats, women and individuals representing minority groups lost significant ground in the most recent two-year period measured ...
Mutual fund independent directors earned more in 2024 than in the year prior, and the pace at which their compensation grew was also higher year-on-year, according ...
The two longest-serving independent directors of ASA Gold and Precious Metals Ltd. have resigned from the board, and all litigation pursued by activist investor Saba Capital ...