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.
Illusionist
By Staff WriterOne of the banes of modern investment manage- ment is the existence of closet indexers--money managers who are ostensibly active managers but who in fact...
January 30, 2008
FRC: Domestic Funds Lead In DecemberInvestors put $47 billion more cash into U.S. mutual funds in December 2007 than they took out, up from $45 billion in December 2006.Net inflow ...
January 24, 2008
NAIC Panel Rules On Bond Insurer DowngradesAn arm of the National Association of Insurance Commissioners has come up with rules for incorporating bond insurer rating cuts in the valuation of insured ...
January 23, 2008
NAIC Panel Rules On Bond Insurer DowngradesAn arm of the National Association of Insurance Commissioners has come up with rules for incorporating bond insurer rating cuts in the valuation of insured ...
January 15, 2008
Legg Mason Sells $1B in Notes to KKRThe Baltimore-based asset management firm Legg Mason said January 14 that it will sell $1.25 billion of convertible senior notes to an affiliate of the private equity firm Kohlberg Kravis Roberts (KKR).
January 14, 2008
Magellan Fund Reopens to New InvestorsAdvisors will be able to buy Fidelity's Magellan fund for new investors for the first time since September 30, 1997, Fidelity Investments announced on January 14. Because of redemptions by investors who had invested in Magellan for their retirement accounts, and are now poised to take distributions, the fund has...
January 01, 2008
Bonds AwayHigh-yield bonds could be a good investment in 2008, as investors shake off their aversion to risk. Junk just ain't what it used to be. Year-to-date through...
January 01, 2008
Schwab Expands Laudus FundsCharles Schwab has announced the expansion of its Laudus Funds lineup and a new sub-advisory relationship with Mondrian Investment Partners Limited of London. The new...