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.
Frank Talk From the Bond King
By Staff WriterWith the exception of Federal Reserve Chairman Alan Greenspan and Treasury Secretary John Snow, no one swings a bigger club in the bond market than...
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....
November 05, 2004
Fremont Funds Settles Market Timing CaseNov. 5, 2004 -- The investment advisor for Fremont mutual funds agreed on Thursday to pay $4.15 million to settle charges that it permitted market...
November 03, 2004
American Tops Fund Sales AgainNov. 2, 2004 -- As it has been throughout the year, American Funds was the best selling fund complex in September, and its Growth Fund...