Money Fix: Know your mutual funds manager
Photo credit: AP | Apple chief executive Steve Jobs holds the new iPhone 4 during the Apple Worldwide Developers Conference in San Francisco. On Aug. 24, 2011, Apple said Jobs is resigning as chief executive, effective immediately. (June 7, 2010)
Steve Jobs leaving the helm of Apple! What's to happen to the company? To the stock? Immediate questions for some. But for the average investor with mostly 401(k) savings, some better queries, perhaps, are: Who are the people managing my mutual funds? What are their comings and goings?
Those managers may not have the celebrity of Jobs, but for an actively managed mutual fund, "the manager...
