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.
GDP Revised to 2.7% for Q1 2010
By Joyce HansonU.S. gross domestic product increased at an annual rate of 2.7% in Q1 2010, according to the third estimate released by the Bureau of Economic Analysis on June 25. The third estimate came in lower than the second estimate of 3.0% on May 27.
June 24, 2010
Jobless Claims Fall, Durables Rise Excluding Aircraft; Economists Still Wary About RecoveryFaintly upbeat news from Labor and Commerce weren't enough to lift the U.S. stock market's mood on June 24 as mixed jobs and manufacturing data left investors wondering where the economy is headed.
June 24, 2010
At Morningstar Conference, a Focus on Dividend InvestingAt the opening session on day two of the Morningstar Investment Conference in Chicago on Thursday, June 24, three dividend-focused mutual fund managers talked about what they called the great opportunities in dividend investing now.
June 24, 2010
Vanguard's McNabb: How to Restore TrustSpeaking at a luncheon session to the 1,300 attendees of the Morningstar Investment Conference on Thursday, June 24, in Chicago, Vanguard CEO Bill McNabb...
June 24, 2010
Fidelity Introduces Referral Program for RIAs Using 'Centers of Influence' PhilosophyFidelity has introduced a practice management program for RIAs designed to help them develop their referral networks through "centers of influence" the Boston-based custody and clearing giant announced June 24.
June 24, 2010
At Morningstar Conference, Calls for More Mutual Fund DisclosureSpeaking to an audience on Wednesday, June 23, consisting mainly of advisors attending the annual Morningstar Investment Conference, a group of Morningstar analysts called for more disclosure on actual mutual fund costs and their holdings.
June 23, 2010
Merrill-Capgemini World Wealth Report Shows High Net Worth Individuals Recouping 2008 LossesThe world's richest people regained their wealth in 2009, nearly recouping all 2008 losses, Merrill Lynch and Capgemini said in a World Wealth Report released June 22.
June 23, 2010
Home Sales Made Record Drop in May; Fed to Maintain RatesOn Wednesday, June 23, when new single-family home sales were reported to have plummeted a record 32.7% in May, the Fed was expected to announce no change in its benchmark interest rate.