Mini-bond market growth mirrors mutual fund boom
The article notes mini-bond funds costing 100 to 195 annually rise from mutual fund growth. Richard M. Reilly cites 1980s expansion from 500 funds and 100 billion to over 2,000 funds and 810 billion in assets. Switch features raise liquidation risk if investors flee together.
MENTIONED IN THIS ARTICLE
Richard M. Reilly
Investment Company Institute
Trade Organization For the
Reilly
Haymond DeVoe Jr
Legg Mason Wand
Central New York business leaders win honors and appointments
Crest Cadillac names Phil Dys Cadillac Crest Club Gold member and top seller in Boston zone. Health Services Medical Corp expands PHP Slocum Dickson care to Oneida and Herkimer counties. The Nature Conservancy names Dr Harrison Payne as state board chair. Bennetts Hotels appoints Paula Missigman and Peggy Moncada to key posts. A new Office Park on Towpath Road in DeWitt advances landscape–driven design. Norwich Eaton promotes James Oppold in sales. Omni Development hires Nowak Barlow Johnson for KeyCorp Plaza PR. Le Moyne College appoints Katherine Schempp to academic counselor program serving 100 local students.
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PHP Slocum Dickson Medical Network
Oneida
Herkimer
Health Services Medical Corporation of
Central New York
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