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.
Are Your Clients Ready To Take A World View?
By Staff WriterAre Your Clients Ready To Take A World View? Advisors need to temper enthusiasm with a systematic approachBy Jim ConnollyAdvisors confidently can tell clients who ...
March 30, 2005
Fund Mergers Still Ran Strong in 2004March 30, 2005 -- With big name mergers and acquisitions making headlines recently, mutual funds aren't escaping the trend either. In fact, JP Morgan recently...
March 23, 2005
New Jersey Officials Charge Three with Market TimingThree former traders in the Fort Lee, N.J., office of Merrill Lynch Pierce Fenner & Smith Inc. have had their securities trading registration revoked by the New Jersey Bureau of Securities and also face allegations of market timing from the New Jersey Attorney General's office in connection with trades they...
March 21, 2005
Educators Mutual To Acquire Eastern, Go PublicA Lancaster, Pa., mutual life insurer has agreed to convert to a stock charter and use its new stock to pay for a neighbor.[@@]The ...
March 11, 2005
Merrill Fined $13.5 Million for Fund ViolationsMarch 8, 2005 -- Merrill Lynch is being fined $13.5 million for failing to supervise a group of brokers in its Fort Lee, N.J., office...
March 11, 2005
Fidelity Permanently Cuts Fees on Five Index FundsMarch 1, 2005 -- Fidelity Investments said it has permanently reduced the total expenses of five of its domestic equity index funds to 0.10%. The five funds include four whose fees were voluntarily reduced and capped at 10 basis points in August 2004 -- the Fidelity Spartan 500 Index Fund...
March 04, 2005
Aon Complaint Mentions Benefits CarriersNew York Attorney General Eliot Spitzer mentions UnumProvident Corp. and Mutual of Omaha in his complaint against Aon Corp., Chicago.[@@]Spitzer and Aon announced today ...
March 03, 2005
Officials Relax Market-Timing Penalty RulesMutual funds will have a choice about whether they must impose redemption fees on speculators who use abusive trading strategies.[@@]The U.S. Securities and Exchange ...