American Funds to Increase Disclosure on Manager Selection - Professional Financial Advisor

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American Funds to Increase Disclosure on Manager Selection

Saturday, Sep 21 2013

News Roundup

Written by PFA News

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American Funds plans to increase disclosure regarding its process for selecting advisors to its multi-manager funds. However, it doesn’t plan to disclose performance of individual firms that run money for the company. So reports InvestmentNews.

The company is preparing reports that will discuss managers’ strengths, weaknesses and investment styles.

Read the full article from InvestmentNews.

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