Funds Go Cable Shopping

Farrell, Mike
November 2009
Multichannel News;11/30/2009, Vol. 30 Issue 44, p19
The article reports that the four largest cable space mutual funds in the U.S. are taking advantage of the low-priced stocks in the third quarter (Q3) of 2009. It notes that Capital Research Global Investors bought 14.9 million shares from AT&T Inc. while Capital Guardian Trust purchased 1.2 million shares from Scripp Networks. Meanwhile, Janus Capital Management sold its 11.8 million shares of Comcast class-A stock while FMR LLC sold its 28.2 million Verizon shares.


Related Articles

  • Funds Buy Sagging Stocks. FARRELL, MIKE // Multichannel News;3/2/2009, Vol. 30 Issue 9, p16 

    The article reports that large media funds are picking up cable network shares at bargaining prices. According to Securities and Exchange Commission documents, four of the largest media mutual funds like Capital Research Global Investors, Capital Guardian Trust Co. and Janus Capital Group Inc....

  • News Corp. Loses Favor Of Funds. Farrell, Mike // Multichannel News;9/1/2008, Vol. 29 Issue 34, p14 

    The article reports on the growing mutual funds' sell of News Corp. (NC) between April and June 2008 in the U.S. It relates that Capital Research had held 80 million NC shares in 2007, while FMR LLC and Janus Capital Management LLC unloaded large blocks of shares in NC, losing 22% or $4.50 off...

  • Alameda May Bin International Managers. Randall, Danielle // Investment Management Weekly;10/28/2002, Vol. 15 Issue 42, p1 

    Provides information on the plan of the Alameda County Employees' Retirement System regarding investment companies Capital Guardian Trust Co. and Putnam Investments in the U.S.

  • Cable Profits Reward Fund Giants. FARRELL, MIKE // Multichannel News;2/25/2013, Vol. 34 Issue 8, p22 

    The article focuses on the sale of stocks of Comcast Corp. by funding companies including Capital Research Globe Investors, Janus Capital Management LLC. and Franklin Resources Inc. It reports that Capital Research has sold 1.3 millions shares and Janus Capital has sold 3.5 millions shares of...

  • Fidelity Starts a Fund Trading on Nasdaq.  // American Banker;10/3/2003, Vol. 168 Issue 191, p9 

    Boston, Massachusetts-based investment firm Fidelity Investments Inc. has announced the start-up of an exchange-traded fund that will be traded in the Nasdaq market. The portfolio, along with a domestic index mutual fund also launched by the investment company, is to be based on the Nasdaq...

  • Mutual Funds Cash In On Cable Stock Gains. FARRELL, MIKE // Multichannel News;8/26/2013, Vol. 34 Issue 32, p20 

    The article reports on an increase in prices of cable stocks during the second quarter of 2013 which led to heavy selling by owners of media mutual funds. The ratio of purchase to sales is reported to be 2:1. The top three sales were from Capital Research Global Investors, Franklin Resources,...

  • Janus still hurting after reorganization. Fulman, Ricki // Pensions & Investments;9/1/2003, Vol. 31 Issue 18, p3 

    Nearly a year after a major reorganization, Janus Capital Management Inc. is still struggling. Its mutual funds have continued to show outflows at a time when competitors' funds are starting to take in money. The company also hasn't been clear about its direction, according to consultants and...

  • Fidelity adds funds from 8 firms to financial planning `supermarket'. Hensley, Scott // American Banker;9/13/1996, Vol. 161 Issue 176, p10 

    Reports that Fidelity Funds added 25 funds to its mutual fund supermarket for financial planners in September 1996. Sources of new offerings include Alliance Capital Management; Franklin Resources Inc.; Keystone Investments.

  • Midrange fund fills out Fidelity's product line. Holliday, Kalen // American Banker;3/22/1994, Vol. 159 Issue 55, p11 

    Reports on the move of Fidelity Investments to add a tax-free, fixed-income fund to its Advisor mutual fund family. Reason behind the addition; Completion of the company's product line; Exclusive availability of the fund; Promise of Fidelity to improve both products and services it offers to...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics