Shakleton White Associates CEO Skeptical as Stock Funds Lose 8.7% in February

Seattle, WA, March 06, 2009 --(PR.com)-- Shakleton White Associates CEO, Jennifer Campbell, CEO, said yesterday “On top of January's poor performance, February's numbers brought average losses for stock funds to 14.4% for the year.” She went on further to say “The Standard & Poor's 500 Index was down 11% in February, after suffering its worst January on record, falling 8.6%. The index declined 4.7% Monday, the first day of trading in March.”

The Shakleton White Associates CEO further commented that “Industry-wide performance for domestic bond funds were better, up 1% this year, though were generally negative." Campbell finished by saying “While profitability remains compressed and margins are unlikely, if ever, to reach prior bull-market peaks, we believe many asset managers retain significant operating leverage from these levels to any improvement in revenue growth and equity asset values”

Shakleton White Associates inventory analysts have long term proven financial, retail, manufacturing, wholesale, and distribution backgrounds. The mergers & acquisitions arm of Shakleton White Associates is a participant in all major bidding, thereby keeping abreast of all market bids and realizations. Shakleton White Associates works alongside industry leaders who recognize the dramatic need for major changes, with a passionate commitment to business growth. Providing a full range of integrated services and products simultaneously directed at producing strategically predetermined business and cultural results. We bring together a broad range of talent and resources with a passion for integrity, continuous improvement and the desire to make a difference. This results in prosperity for our customers, society and ourselves.

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