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.
Fred Alger Shifts Brands, Consolidates Funds
By Janet LevauxFred Alger Management, which has some $14 billion in AUM, has recently consolidated its open-end mutual funds under the "Alger" brand. This move includes the...
October 01, 2008
Sleuthing BondsFurthermore, the correlation coefficient of the municipal to Treasury bond relationship has slipped from it's long-time average around 50% to below 0% recently, indicating that...
September 26, 2008
TD Ameritrade Offers $50 Million in Client SupportIn the wake of the announcement that the value of the original money market mutual fund, The Primary Fund, had dropped below $1 per share, primarily due to debt written off in the face of the Lehman Brothers collapse, TD Ameritrade has pledged up to $50 million to mitigate client...
September 21, 2008
Nurturing Clients In Turbulent TimesTimes of financial downturns and tottering financial titans are times when advisors need to maintain a reassuring manner without seeming blas?, experts advise.The principle was ...
September 21, 2008
Nurturing Clients In Turbulent TimesTimes of financial downturns and tottering financial titans are times when advisors need to maintain a reassuring manner without seeming blas?, experts advise.The principle was ...
September 19, 2008
Massive Federal Bailout on the WayIn a bid to stem the mammoth financial crisis the U.S. is now facing, top members of the Treasury Department and Federal Reserve are hammering out with Congress a plan to create a government agency that would buy distressed mortgages from banks and other financial institutions at discount prices.
September 17, 2008
Original Money Market Fund Breaks the BuckThe Reserve family of funds, which originated the money market fund concept with what is now called The Primary Fund and has some $120 billion under management, announced September 16 that The Primary Fund has broken the buck, putting the NAV at $0.97 as of 3:00 PM on September 16....