Kunal Kapoor Quotations

There are a lot of good companies outside the U.S. and it's good to have exposure to them,

I don't think it's a disappointment. You have to take it in the context of how the stock market has been so good so long and the long-term picture.

PBHG is a momentum shop. Here (at Merrill) he's got the chance to build his own team. It sounds good, but it's a bit of a challenge. You have to adapt to a new culture.

PBHG is a momentum shop, ... Here (at Merrill) he's got the chance to build his own team. It sounds good, but it's a bit of a challenge. You have to adapt to a new culture.

We're also encouraged that Lyon and his team invest heavily in the shop's funds.

We have confidence in the team's ability because they have consistently outperformed as a Europe-only fund.

When (McCall) came to Merrill, they were in dire need of adding growth funds to their lineup, ... There's no denying that he did really well at PBHG. If you go by that, you have a positive feeling.

You have to be able to stomach volatility, ... If you've held (the funds) for the long term, then you get rewarded. But not all shareholders have stayed around for the party.

This year is interesting because we picked managers we've long thought of as top-notch stock or bond pickers, as well as superior stewards of capital.

Quite honestly, it will take him a while to get the portfolio to his liking. People need to sit it out and look at the fund again 9 to 12 months down the road.

Our analysts have long considered these less-tangible factors in an effort to help investors determine which fund companies do the best job of safeguarding their interests.

A lot of people are turned off by international investing because of how poor last year was. People are losing perspective because 1999 was just an awesome year. Too often, people just focus on what happened in the last year.

A lot of style purists want to have small cap foreign funds. But (the category) still in its infancy. I'm still not completely sure you need one in your portfolio. This is something that is relatively new. You have to be very careful when you choose a fund.

It's important to consider the intangibles associated with making an investment decision,

I'm not sure the funds have proven themselves, ... I'd really be hesitant for anybody to take a look at them.

In this category you have swings of 30 to 40 percent in one quarter,

In the past, these were growth funds in name only.

The fund got whipsawed. There was some real underperformance here. Part of it was the manager, but Merrill Lynch bears some of the responsibility.

The fund got whipsawed, ... There was some real underperformance here. Part of it was the manager, but Merrill Lynch bears some of the responsibility.