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.
FRC: Domestic Funds Lead In December
By Staff WriterInvestors put $47 billion more cash into U.S. mutual funds in December 2007 than they took out, up from $45 billion in December 2006.Net inflow ...
January 15, 2008
Legg Mason Sells $1B in Notes to KKRThe Baltimore-based asset management firm Legg Mason said January 14 that it will sell $1.25 billion of convertible senior notes to an affiliate of the private equity firm Kohlberg Kravis Roberts (KKR).
January 14, 2008
Magellan Fund Reopens to New InvestorsAdvisors will be able to buy Fidelity's Magellan fund for new investors for the first time since September 30, 1997, Fidelity Investments announced on January 14. Because of redemptions by investors who had invested in Magellan for their retirement accounts, and are now poised to take distributions, the fund has...
January 01, 2008
Bonds AwayHigh-yield bonds could be a good investment in 2008, as investors shake off their aversion to risk. Junk just ain't what it used to be. Year-to-date through...
January 01, 2008
Schwab Expands Laudus FundsCharles Schwab has announced the expansion of its Laudus Funds lineup and a new sub-advisory relationship with Mondrian Investment Partners Limited of London. The new...
January 01, 2008
Emerging Market Funds Lead Lipper PackFunds with a focus on China, Brazil, Latin America and India demonstrated consistently strong chart-topping performance through November 29, 2007, reports Lipper. And fund flows...
January 01, 2008
Fund Owndership Steady at 51 Million HomesThe number of American households owning mutual funds is about 51 million, the Investment Company Institute says, up slightly from 2006. That represents about 44...
January 01, 2008
Janus Capital Keeps Infows Comin'For the third quarter, Janus' total AUM of $208 billion included an increase of 9.1 percent from the previous quarter, reflecting $8.6 billion in market...