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.
Six Fund Items for Advisors in the Know
By Ed McCarthy, CFP, RICPA quick look at mutual fund news items from around the Web that every advisor should be following.
July 20, 2010
DoubleLine to Launch a Diversified Actively Managed FundDoubleLine Funds Trust has filed to launch a new actively managed fund, DoubleLine Multi-Asset Growth Fund.
July 20, 2010
Goldman Sachs Q2 Earnings Plummet on SEC Settlement, U.K. Bank Tax, and Market VolatilityGoldman Sachs reported net earnings of $613 million for second-quarter 2010, an 82% drop from quarterly earnings a year ago, at $3.44 billion. Earnings per common share were posted at 78 cents versus $4.93, 84% lower.
July 20, 2010
Housing Starts Dropped Precipitously in June, Commerce Department SaysNew home and apartment construction statistics for June showed a precipitous drop in housing starts, which were 5.0% below the revised estimate for May and 5.8% below the June 2009 rate, the U.S. Commerce Department reported.
July 19, 2010
Broadridge Introduces Data Transparency Tool for ETF ManagersMarket Intelligence, a data transparency tool that allows exchange traded fund managers to see how financial advisors are using ETF products, has been launched by Broadridge Financial Solutions Inc.
July 19, 2010
Home Builders' Confidence Index Plummets to Lowest Point Since April 2009The National Association of Home Builders (NAHB)/Wells Fargo housing market index showed builders' confidence in the single-family housing market dropped to its lowest point since April 2009, down two points to a reading of 14 in July.
July 19, 2010
Three Studies Worth a Quick ReadDo hedge funds hedge? The experience of the Great Recession - Vanguard Research Do hedge funds help investors avoid the worst during periods of distress...
July 19, 2010
LaCrosse Global to Buy BofA-Merrill Fund-Admin BusinessLaCrosse co-CEO says, 'Post-Madoff operational due diligence now more important than ever'