Bond-Fund Stars Fall as Bets Backfire, but They Fight On

It’s been a tough year for bond-fund stars.

Longtime outperformers in mutual-fund rankings Dan Fuss, co-portfolio manager of the Loomis Sayles Bond Fund at Loomis Sayles & Co, and Michael Hasenstab, portfolio manager of Templeton Global Bond Fund and co-director of Franklin Templeton Fixed Income Group’s international bond department, were tripped up by a surprising bull run in the safe-haven U.S. Treasury bonds and a bearish turn in emerging-market bonds during the third quarter. Read Full Article Here…

October 21, 2011 In: Current Affairs, Financial Articles Comments (None)