“Given the record number of new funds that have come to market over the past 10 years, we are seeing a bit of survival of the fittest in this environment,” said Mark Berg, president of Timothy Financial Counsel Inc. of Wheaton, Ill., a fee-based advisory business that doesn’t manage assets.
Mark was quoted in a recent issue of Investment News. To read the whole article regarding fund liquidation and mergers on the rise, go to http://www.investmentnews.com/article/20090719/REG/307199998.