10 Questions With Turner Funds' Bob Turner
Bob Turner's Turner Funds is one of the fund industry's best-kept secrets.
Turner and his colleagues are some of the most skilled growth managers out there, with returns that rival Janus' better-publicized numbers. Vanguard and Merrill Lynch recently added Turner's funds to their lineups. Despite the ups and downs that tech stocks have gone through this year, his (TTECX Quote)Technology fund is the No. 2 fund overall over the past 12 months with a whopping 262% return, according to Lipper. The fund has even managed a 47% return since Jan. 1.
How much does he like technology? A cool 95% of the assets in his (TTOPX Quote)Top 20 fund were sunk into tech stocks at the end of the first quarter. He sees good times ahead for the mercurial sector, with some intriguing insights on Qualcomm (QCOM Quote), Microsoft (MSFT Quote) and the greedy streak at fund companies. ...
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