Description: It used to be easy—and I mean Uncle Pennybags-laughing-to-the-bank easy—to be a mutual fund. During the heyday of the cult of equity, investors would dutifully chase returns at Fidelity, Janus Capital (JNS), Munder NetNet, or whatever was the performance flavor of the year.

Source: Businessweek.com

Date: May 03, 2012

Link: http://www.businessweek.com/articles/2012-05-03/mutual-funds-confront-not-quite-as-dumb-money

Questions for Discussions:

• Summarize the changes that have taken place in the mutual fund industry?
• What is the situation today for vendors and investors?
• Where do you see the industry moving in the near future?