Peter Tufano of Harvard Business School and Matthew Sevick, a consultant, offer another explanation for why mutual-fund fees are high (though not for why they should be rising).
ECONOMIST: Mutual funds
2.
This morning, Morgan Stanley analyst Francois Meunier issued a cautious note of his own on Alcatel following a talk by CFO Paul Tufano at a Morgan conference in Barcelona last week.
FORBES: Alcatel Shares Extend Slide On Liquidity Worries