Mutual Funds
Stay on top of mutual fund news, including in-depth articles and analysis on stock, bond and balanced funds, as well as target date funds and more.
Oppenheimer Pays $35 Million for Misleading Advisors and Shareholders
By Gil WeinreichStandard investment industry warnings about reading the prospectus would have done little good to investors in two Oppenheimer bond mutual funds, whose misleading statements cost the fund company $35 million in SEC sanctions.
June 03, 2012
Top Portfolio Products: Fidelity Launches Two New Bond FundsPalmer Square introduces alternative-income fund, as Thornburg rolls out R6 share class
June 01, 2012
Weak U.S. Hiring Adds to Global Gloom (New York Times)More people were looking for jobs in May, which increased the unemployment from 8.1% in April to 8.2%.
June 01, 2012
PIMCO’s Gross, El-Erian on Sour Economic News: Avoid Europe, Leaders Losing ControlPIMCOs leaders reacted to the dour economic news of the past few days, highlighted by the third straight disappointing jobs report on Friday.
June 01, 2012
Top Portfolio Products: Fidelity Launches Two New Bond FundsNew products introduced over the last week include two new bond funds from Fidelity and an alternative income fund from Palmer Square.
May 31, 2012
Peng Chen, Global Investment President, Leaves MorningstarMorningstar announced Thursday that longtime Morningstar and Ibbotson executive Peng Chen will leave the Chicago-based research and investment firm at the end of June.
May 29, 2012
Raymond James’ Helck on Fiduciary Standard: ‘No Problem,’ but ‘Devil in the Details’The head of Raymond James Private Client Group worries that the 40 Act doesnt work when it comes to non-discretionary accounts, so need exists to write new fiduciary rules.
May 25, 2012
Vanguard Slashes Frequent Trading Fees on 33 Funds'Vanguard determined that these fees, one of several measures in place to discourage frequent trading, are no longer needed,' the company said. The cut is effective immediately.