Mutual Funds Face Questions From Critics
AP Business analysis notes mutual funds grew from 261 members in 1969 to 323 in 1970 while assets fell from 49 to 38 billion. Critics from Wharton challenge funds for price swings and potential conflicts, as multiple funds under one manager may share information and influence corporate democracy. The piece probes conflicts of interest, proxies, and the threat institutional investing could pose to management and governance.
MENTIONED IN THIS ARTICLE
John Cunniff
NEW York
Academcians
Investment Company Institute, Trade Association of the
Wharton School of Finance and Commerce
Mutual Funds
X Rays Identify Diabetes Early Detection Method
In Berlin, Prof Detley Schoen of Auguste Viktoria Hospital reports X rays reveal a sugar coating-like substance in dorsal vertebrae in some patients. Studies show 79 percent with the coating had early diabetes, while only 25 percent of symptomatic patients showed it, suggesting an effective early warning tool. He urges widespread use of X rays for early detection.
MENTIONED IN THIS ARTICLE
Berlin
Germany
Detley Schoen
W. Berlin
Auguste-Viktoria Hospital
Prof. Schoen
Cut Deck Back At Light Well
Advice on not covering a basement window well when building a deck. Keep the well open for ventilation and light, install a railing around it on the deck, and use scrap fir to create a planter box railing for bright annuals.
Ground cover tips for tough growing areas
For barren spots where grass struggles, place clay pots filled with sedums or sempervivums. Some sedum varieties will bloom while others provide lush greenery, making them ideal ground cover. They require little maintenance beyond regular watering.
Vicuna Wool Worth Prompts Conservation Concerns
The vicuna, a camelid relative, yields one of the world’s finest wools prized for its softness and value. Heavy demand has driven conservation concerns as the species teeters on the edge of overexploitation and potential decline.
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