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.
Greek Bond Swap to Cost Creditors 21%
By Marlene Y. SatterSwaps of existing Greek bonds for new ones with longer maturity dates will cost private bondholders 21%, according to Greece's deputy finance minister, who said Tuesday that exchanges for the new debt instruments would begin in August.
July 25, 2011
Top Portfolio Products: UBS Launches Internet ETNs, Ariel Offers International and Global PortfoliosThis week in new portfolio products, UBS announced two Internet ETNs, and Ariel went international and global with new portfolios.
July 22, 2011
Muni Bonds Offer Safe Haven Despite Whitney's PredictionWhile Lipper, Morningstar, ICI and BondDesk report different muni fund flow numbers for June, all agree that municipal bond fund sales are thriving.
July 22, 2011
Fidelity Institutional Names Couto to Head Renamed Investment DivisionFidelity Investments on Friday named Scott Couto as president of Fidelity Financial Advisor Solutions, the unit formerly known as Fidelity Investments Institutional Services.
July 21, 2011
New Hire Roundup: At FDIC, Gruenberg Takes Helm From Bair; Bostrom Goes to SNR DentonAlso, this week in new hires, Lennon and Rappa join DC team, Unger to head plan sponsor sales at Russell; Grandeur Peak launched; Penn Mutual advances Flannery.
July 20, 2011
Bhansali Named Ariel CIO for New International PortfoliosAriel Investments announced Wednesday the appointment of Rupal Bhansali as CIO of international equities, reporting to CEO John Rogers.
July 20, 2011
'Nervous Investors' Redeem $42 Billion From Funds in JuneEquity funds saw $22 billion in outflows, but bond funds drew $21 billion.
July 20, 2011
To Improve Target-Date Fund Performance, Folio Uses Relational DiversificationFolio Investing announced on Monday that since launching its suite of target-date funds in 2007, the average return for the 2010, 2020, 2030 and 2040 Moderate target-date folios was 1.13% higher per year than the average return for comparable target-date funds offered by three other mutual fund companies.