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.
A Five-Star Performer
By Bob KeaneThe characteristics of the Greenspring Fund (grspx) might be a little hard to grasp at first glance. S&P calls it a "hybrid U.S. flexible" fund,...
November 29, 2004
Beauchamp Teams Up with CSFB's Trading Services DivisionLONDON (HedgeWorld.com)--Beauchamp Financial Technology's flagship hedge fund portfolio management system will now have the added benefit of access to Credit Suisse First Boston's Advanced Execution Services, according to officials. All trades executed via CSFB will automatically be booked into the Beauchamp portfolio database for mutual clients of the two companies....
November 29, 2004
Integrity Funds to Acquire Two IPS FundsNov. 23, 2004 -- Integrity Mutual Funds (IMFD) said on Tuesday that it has agreed to acquire the management rights to two IPS mutual funds...
November 22, 2004
Franklin Resources Settles With California RegulatorsNov. 17, 2004 -- Franklin Resources (BEN) will pay $18 million to settle charges that it paid brokers to promote its mutual funds, the California...
November 22, 2004
Recent M&A Activity Bodes Well For Merger FundsNov. 19, 2004 -- Prospects for funds that focus on mergers look good right now, observers say, because after a dry spell during the last three years, announced corporate takeovers and buyouts have picked up in recent months. Through November 9th, 6,891 acquisitions valued at $609.3 billion had been announced,...
November 22, 2004
Pilgrim-Baxter Founders Agree to Record Market-Timing FineCongratulations, Dick Strong. You're no longer at the top of the list of mutual fund executives who've had to reach into their own pockets to pay fines and penalties for allowing market timing. Number One with a bullet this week are Gary L. Pilgrim and Harold J. Baxter, co-founders of...
November 17, 2004
Closing Set For Gartmore Micro Cap Equity FundNov. 11, 2004 -- The Gartmore Micro Cap Equity/A (GMEAX), which has topped its peers over the last two years, will close to new investors...
November 12, 2004
Fremont Investment Advisors Settles Market-Timing, Late-Trading ChargesSAN FRANCISCO (HedgeWorld.com)--Fremont Investment Advisors Inc. agreed to pay US$4.1 million and reform its corporate governance practices in order to settle charges brought by the Securities and Exchange Commission and New York State Attorney General's Office that it allowed market timing and late trading of shares in its mutual funds....