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.
Fund Sales to Face More Pressure
By Janet LevauxBoston-based Financial Research Corporation has projected that mutual fund net sales should grow 2 percent a year and reach $340 billion by 2012. Other products,...
February 22, 2008
Vanguard Gets New PresidentVanguard's Board has elected William McNabb as its new president and as a director effective March 1, replacing John Brennan. McNabb, 50, will also succeed Brennan as CEO within a year. Brennan, 53, who has served as Vanguard's president since 1989 and CEO since 1996, will remain chairman and stay...
February 12, 2008
Dodge & Cox Funds ReopenDodge & Cox is the latest fund family to reopen some of its most popular mutual funds to new investors in an attempt to "better balance subscription and redemption activity." Beginning February 4, new investors can get into the Dodge & Cox Stock (DODGX) and Dodge & Cox Balanced (DODBX)...
February 11, 2008
Old Mutual To Sell VA Contract Through AdvisorsA life insurer has come out with a new variable annuity product.Old Mutual Financial Network, Atlanta, a unit of Old Mutual P.L.C., London, has started ...
February 11, 2008
Old Mutual To Sell VA Contract Through AdvisorsA life insurer has come out with a new variable annuity product.Old Mutual Financial Network, Atlanta, a unit of Old Mutual P.L.C., London, has started ...
February 08, 2008
MFS Launches Target Total Return FundMFS Investment Management unveiled a new Diversified Target Return Fund (DVRAX) that will use quantitative as well as fundamental analysis in its investment strategy, and...
February 08, 2008
Weathering China's Ups and DownsProFunds has created two new mutual funds designed for investors who are bullish on Chinese stocks and for those who believe the Chinese market will plummet.
February 08, 2008
The Long and Short of ItTo satisfy what it says is demand from advisors and other intermediaries, State Street Global Advisors, the investment management arm of State Street Corp., recently launched the SSgA Core Equity Fund, a mutual fund that takes both long and short stock positions, which is known as a 130/30 fund.