At a quick glance, the bad news appears to be piling on. The global economic fallout from the coronavirus continues to roil the stock market. On top of this – although unrelated – U.S. stocks dropped significantly on Monday apparently due to investor anxiety over a crude oil price war.
Fenimore Asset Management, an independent, Capital Region-based investment advisory firm and manager of the FAM Funds family of mutual funds, announces that longtime area communications executive Christine Horne has joined its Board of Directors.
Thursday’s coronavirus-driven stock market plunge spurred intense news. “Unprecedented” was a term often used. In this time of uncertainty, we’d like to provide Fenimore’s perspective.
In a February 1 article about FAMEX, Mutual Fund Observer website cofounder David Snowball writes, “Three things stand out:”
Fenimore Asset Management, an independent, Capital Region-based investment advisory firm and manager of the FAM Funds family of mutual funds, announces that nationally recognized investment industry leader, author, and consultant Fran Skinner has joined its Board of Directors.
Paul Hogan was interviewed in an article, “Dividend Compounders.” He discussed our investment process, the analysis of dividend-paying companies, and what makes FAMEX distinct from similar funds.
Barron’s highlighted Paul Hogan and the FAM Dividend Focus Fund (FAMEX) in an article, “This Fund Manager Has Beaten 99% of His Peers. How He Picks Winning Dividend Stocks.”
Fenimore Asset Management, the investment advisor to FAM Funds, announces that John Fox has been promoted to Chief Executive Officer (CEO) while maintaining his position as Chief Investment Officer (CIO). As part of the firm’s succession plan, Fenimore’s Founder, Tom Putnam, will shift his attention to a broader strategic role as Executive Chairman. Mr. Putnam is also a Director on the Fenimore Asset Management board, Trustee on the FAM Funds board, and Co-Manager of FAM Funds. This transition comes at a time when we are very pleased with the performance of all three FAM Funds.*
Some of the Capital Region's best leaders shared noteworthy insights at this captivating Albany Business Review panel discussion.
Fenimore Asset Management, the investment advisor to FAM Funds, announces that Denise V. Gonick has joined the FAM Funds Board of Independent Trustees. Denise is a lawyer by profession and was most recently the President & CEO of MVP Health Care.