Word: vanguardism
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...LASER CUT Furniture or sculpture? The answer was both for the vanguard brother-sister team of Thien and My Ta Trung at Canadian design studio Periphere when they created the all-steel, rococo-esque Iceberg table, with a laser-cut snowflake pattern in bright mirror chrome. In similar fashion is the Conran Shop's Prince chair, with a wool-covered rubber seat and back?originally designed by Louise Campbell for an invitation-only competition to give form to a chair for Denmark's Crown Prince. Swede Monica Forster was inspired by snow crystals and sunbeams when building her zinc-plated...
...hardcopy of magazine or PDF.] Fund Name 1 year 3 years 5 years Guinness Atkinson Global Energy 62% New New Fidelity Select Energy Service 56% 34% 14% Fidelity Select Energy 54% 40% 9% Profunds Ultra Sector Oil & Gas 50% 38% 14% Fidelity Select Natural Gas 50% 28% 12% Vanguard Energy...
Since the beginning of the new millennium, Providence, Rhode Island’s Load Records has been a staging ground for the new noise phalanx, with Lightning Bolt leading the vanguard...
...management switch at Magellan is yet another attempt to re-instill the kind of bold stock-picking of Lynch's heyday. "We have a very different business model than Vanguard or American," says Fidelity spokeswoman Anne Crowley. "Half our revenues come from non-fund, fee-related businesses like the brokerage business, where we are a significant player." Indeed, Lange is expected to emulate Lynch's method of mixing up the portfolio with some smaller companies. Even with the fund having lost half its assets, it remains a behemoth, which leaves Lange confronting the same hurdle that tripped up Stansky...
...There is little doubt that Fidelity is feeling pressure from Vanguard, the low-cost fund company that specializes in passive index-fund investing as opposed to Fidelity's preferred style of active management. Index investing has soared in popularity. American Funds is a dominant provider of funds sold through financial advisers and has used that network to stoke its growth, as opposed to Fidelity, where only a portion of its funds are sold through advisers and which traditionally has relied on good performance so its funds stand...