Can PBHG retain the faithful? The faltering fund family may have grown too big, critics say

Article Abstract:

Pilgrim, Baxter and Associates' PBGH Growth Fund (Wayne, PA) has been losing money in the Jan-Jun 1999 period, and other Pilgrim Baxter funds have been posting lackluster results. Pilgrim Baxter's parent, United Asset Management (Boston, MA) is said to be eager to sell the faltering asset management firm. Analysts say Pilgrim Baxter may have grown too large to invest effectively. Company founder Gary Pilgrim says the firm's situation is less dire than analysts are saying.

Strategy & planning, Open-End Investment Funds, Mutual Funds (Open End), Open end mutual funds, Pilgrim, Baxter and Associates, PBHG Growth

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Disney says it is doing just fine, thanks

Article Abstract:

Public pension funds in at least six states have vowed to withhold their votes for Michael D. Eisner, the chairman and CEO of Walt Disney Company. Large pension funds and influential proxy advisers are against Eisner blaming him for Disney's poor performance and calling on shareholders to withhold their votes for him and some other directors.

Management dynamics, Executive changes & profiles, Motion picture & video production, Management, Officials and employees, Elections, Motion picture industry, Eisner, Michael D., Walt Disney Co., Company business management, Video production companies, Film and video production companies, DIS

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