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Fund Openings, Closings, Manager Moves: Monument Names New Internet Fund Manager
Talk about a tough act to follow.
Monument Funds moved quickly to hire Bob Grandhi, a veteran technology investor with no U.S. retail fund management experience, to replace Alexander Cheung on its (MFITX Quote)Monument Internet fund.
Cheung left Monday to start his own asset management firm. Last year, Monument Internet posted a 273% return to lead all Internet funds. ...
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