Word: pasts
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Dates: during 2000-2009
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...report, issued Friday, indicates that many of the best-performing funds relied on short-term strategies and paid little attention to the underlying fundamentals of the stocks in their portfolios, which could lead to a performance problem in 2010. "Using only a backward-looking approach to selecting funds [i.e., past performance] has significant flaws because it ignores the fundamentals of the stocks owned by the fund along with relevant risk and cost factors of the fund," the report said. (See five painless ways to cut expenses...
However, Stan Majcher, principal and portfolio manager of the Hotchkis & Wiley Mid-Cap Value Fund, disagrees. Majcher noted that his fund has a strong long-term performance record, as Morningstar currently ranks it the third best performing mid-cap fund when it comes to annualized returns over the past 10 years, with an annualized return of 10.85%. He acknowledges the fund underperformed in 2007 and 2008, but doesn't think these periods should be considered in isolation. (Read about the financial crisis after one year...
...thanks to a quiet revolution under way, young victims like Suleiman need not perish. Over the past few years, several aid organizations and governments--including the Bill & Melinda Gates Foundation and the U.S. Agency for International Development--have begun distributing zinc supplements to villagers in Bangladesh, India and Pakistan. A number of other groups are working with governments in Africa to introduce zinc, which comes both in tablet form and as a syrup. In Mali, Save the Children U.S. used $680,000 from a 2007 American Idol charity concert to distribute zinc tablets to a handful of villages...
Every year for the past two decades, the movie that was No. 1 Thanksgiving weekend also won the following weekend. This time, the picture that finished second in the previous two frames rose to the top by not falling too far. The Sandra Bullock vehicle dropped 49% from last weekend, to $20.4 million, while New Moon fell 70%, to $15.7 million. All the other holdovers among the top dozen films - A Christmas Carol, Old Dogs, 2012, Ninja Assassin, Planet 51, Fantastic Mr. Fox and Precious - took a steep tumble, from 52% for A Christmas Carol to 67% for Precious...
...What will their various platforms be? An easier to question, perhaps, is what they should be. Peter Wallace, an Australian business consultant who has lived here for 30 years, says tackling corruption is the "number one" election issue for foreign investors. Over the past years, the Philippines has generally slipped in the rankings of global corruption surveys. And Aquino's bid for the presidency taps a yearning for the honesty in government demonstrated during his mother's terms. To be sure, the economy peaked under Arroyo's leadership, expanding 7.2 per cent in 2007 before being punctured by the global...