About a year after being removed from two AMG funds, Friess Associates plans to shutter its three mutual funds. “It was probably the quickest way to get back into the market to replace some of the assets lost from the AMG decision,” said Jeff Strange, relationship manager at FUSE Research. “However, launching U.S. equity mutual funds is a difficult proposition in an asset class that is so competitive and pressured by passive funds.”
For the complete article, click here (subscription required).
Article published on April 25, 2022