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.
State Street Offers Five New ETFs
By James J. GreenState Street Global Advisors (SSgA) announced that five new fixed income SPDRs exchange traded funds began trading on the American Stock Exchange on May 30....
May 27, 2007
Surety Bond Requirement Might Not Be Problem It's Perceived To BeWhile much has been made over a potential requirement that life settlement brokers and providers obtain a $250,000 surety bond in the proposed update to ...
May 27, 2007
Surety Bond Requirement Might Not Be Problem It's Perceived To BeWhile much has been made over a potential requirement that life settlement brokers and providers obtain a $250,000 surety bond in the proposed update to ...
May 23, 2007
Mutual Of Omaha To Acquire Nebraska Savings BankThe insurer that sponsored the Wild Kingdom television series is assembling its own menagerie of banks.Omaha Financial Holdings Inc., a unit of Mutual Omaha Insurance ...
May 22, 2007
S&P Adds Islamic Law-Compliant IndexStandard & Poor's is adding to its index offerings aimed at Islamic investors who want to participate in the markets in a way that conforms to Shariah law. The S&P BRIC Shariah Index will include large companies from the BRIC countries--Brazil, Russia, India, and China--that "trade on developed market exchanges,"...
May 21, 2007
China's Bubble May Not Spell Trouble for Global InvestorsDespite a recent government decision allowing investment in markets outside of the mainland, China's indexes still continue to close higher, fueling renewed speculation in some quarters that the markets are inflated and ready to pop. But Alec Young, international market strategist at Standard & Poor's, says American investors should not...
May 17, 2007
Fidelity Adds Share Classes to Four AMT-Free Money FundsFidelity Investments launched on May 14 two new share classes--institutional and service--for four of its alternative minimum tax-free money market funds: Fidelity California, Massachusetts, New Jersey, and New York.
May 17, 2007
John Hancock Adds to Lifestyle Fund LineupEffective May 1, John Hancock added three new strategies to its five Lifestyle asset allocation fund of funds, which already has an aggregate of $50 billion under management.