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.
Sentinel Loses Two Fund Managers
By Staff WriterSept. 21, 2004 -- Mutual fund managers Van Harissis and Scott Brayman have resigned from Sentinel Advisors Co., the asset management firm said. A company spokeswoman...
September 27, 2004
Kathleen Gaffney of Loomis Sayles Strategic Income FundS&P Rank: 5 Stars Maximizing Yield
September 27, 2004
Foreign Funds Gain GroundSept. 24, 2004 -- In their search for higher profits, Americans have been looking abroad. Mutual funds that invest in international companies have raked in money at a near record pace this year, according to Financial Research Corp. Meanwhile, shareholders have been rewarded with returns that have topped domestic stock...
September 27, 2004
Ten Funds of Funds With Low Expenses, Competitive ReturnsSept. 27, 2004 -- Equity funds of funds can provide attractive returns at a reasonable price, along with other benefits. The first is greater diversification than in a conventional mutual fund. A fund of funds can further diversify by investing in several different funds or across investment styles. Second, it...
September 17, 2004
PIMCO Settles with SECWASHINGTON (HedgeWorld.com)-PA Fund Management LLC, PEA Capital LLC and PA Distributors LLC agreed Monday to settle charges they allowed market timing in PIMCO Funds Multi-Manager Series mutual funds. The three firms, which used to share the PIMCO name but have been rebranded, collectively will pay US$40 million in civil penalties...
September 14, 2004
Eaton Vance Shuffles Muni Bond Fund ManagersSept. 14, 2004 -- Eaton Vance Corp. said Monday that it has reorganized the managers of a number of its mutual funds that invest in municipal bonds because of a leave of absence that one manager has taken. Tom Metzold, who oversees several funds, has left "to spend more time...
September 10, 2004
Event Driven and Arbitrage Pull Index UpNEW YORK (HedgeWorld.com)--After going into the red in July, the Standard & Poor's Hedge Fund Index was positive for August, up 0.16%, buoyed by arbitrage...
September 10, 2004
Invesco Reaches US$451 Million Market-Timing SettlementDENVER (HedgeWorld.com)--In what may be one of the last of the super-size settlements tied to the mutual fund market-timing/late-trading scandal, AMVESCAP plc's Invesco Funds Group Inc. and AIM Advisors Inc. mutual fund arms agreed Tuesday to a US$451 million settlement of market-timing charges. Those civil charges were brought against Invesco...