Today's retail investor is savvier and more demanding than ever before. Leave it to the Net to shake things up. At the annual general membership meeting, ICI also addressed technology on a broader scale. While change is eminent, instead of embracing it, the fund association seemingly feels threatened. And with this, investment styles are shifting, with a far nearer horizon in sight.
Reality is the Internet, and the Internet is change.
That change is now, and the funds that'll thrive are those that adopt this new economy. As the nation's second largest mutual fund firm, there just might be hope yet. Copyright 2001 INT Media Group, Incorporated All Rights Reserved.