What Abercrombie & Fitch's CEO Retirement Means for Mutual Fund Investors (ANF)

Welcome to MutualFunds.com. Please help us personalize your experience.

Select the one that best describes you

Your personalized experience is almost ready.

Join other Individual Investors receiving FREE personalized market updates and research. Join other Institutional Investors receiving FREE personalized market updates and research. Join other Financial Advisors receiving FREE personalized market updates and research.

Thank you!

Check your email and confirm your subscription to complete your personalized experience.

Thank you for your submission, we hope you enjoy your experience

Channels

Find the latest content and information here about the 2019 Charles Schwab Impact Conference.

Advisors

Receive email updates about fund flows, news, upcoming CE accredited webcasts from industry thought leaders and more.

Content focused on helping financial advisors build successful client relationships and grow their business.

Content geared towards helping financial advisors build better client portfolios.

Get insights on the industry trends and investment news from leading fund managers and experts.

Abercrombie & Fitch store

News

What Abercrombie & Fitch's CEO Retirement Means for Mutual Fund Investors (ANF)

Shauna O'Brien Dec 09, 2014

Abercrombie & Fitch announced the immediate retirement of its CEO on Tuesday morning – here’s what the news means for mutual fund investors.

Inside the News

On Tuesday morning, Abercrombie & Fitch (ANF) announced that its CEO Mike Jeffries will be retiring immediately. Jeffries has seen pressured over the company losing appeal to its teenage target market. He was also removed from his chairman role earlier this year.

Following the news, the stock rallied over 6% on Tuesday morning.


Mutual Funds to Watch

For investors seeking exposure to the company, there are several mutual funds that have large stakes in the company. Below are the funds that currently have the largest holdings of ANF.

The Bottom Line

The funds above each own significant stakes in ANF. Investors interested in ANF may also be interested in American Eagle (AEO), The Buckle (BKE) and The Gap (GPS).

Sign up for Advisor Access

Receive email updates about best performers, news, CE accredited webcasts and more.

Please Enter Your Email
Please Select Your Advisor Type

Popular Articles

Download Our Free Report

Why 30 trillion is invested in mutual funds book