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.
S&P Adds Islamic Law-Compliant Index
By Staff WriterStandard & Poor's is adding to its index offerings aimed at Islamic investors who want to participate in the markets in a way that conforms to Shariah law. The S&P BRIC Shariah Index will include large companies from the BRIC countries--Brazil, Russia, India, and China--that "trade on developed market exchanges,"...
May 17, 2007
John Hancock Adds to Lifestyle Fund LineupEffective May 1, John Hancock added three new strategies to its five Lifestyle asset allocation fund of funds, which already has an aggregate of $50 billion under management.
May 17, 2007
Clean Energy OptionsHere's a look at some of the newest exchange-traded funds that give investors exposure to alternative energy companies.
May 16, 2007
Greenspan to Consult with PIMCOAlan Greenspan has inked a deal to consult with Allianz's bond powerhouse, PIMCO, according to a report May 16 in The Wall Street Journal. The relationship with PIMCO, in which, the Journal reports, Greenspan will speak frequently with executives at PIMCO, takes the former Fed chairman back to his pre-Federal...
May 10, 2007
S&P Gives Best Rating to Two New Money Market FundsStandard & Poor's has bestowed on two new money market funds its highest money market rating, AAAm. The AARP Money Market Fund, and the Goldman Sachs Yen Liquid Reserves Fund are the latest in a series of money market funds to receive this rating.
May 10, 2007
Tweedy, Browne to Reopen One Fund, Keep Another ClosedTweedy, Browne Company, the Benjamin Graham disciples shop that manages nearly $15 billion for institutions and individuals, announced that it will reopen the Tweedy, Browne Value Fund (TWEBX) on May 15 to new investors.
May 09, 2007
Mutual Of Omaha To Start Community Bank NetworkOmaha Financial Holdings Inc. has agreed to acquire Peak National Bank.Omaha Financial, a unit of Mutual of Omaha Insurance Company, Omaha, Neb., wants to open ...
May 09, 2007
Mutual Of Omaha To Start Community Bank NetworkOmaha Financial Holdings Inc. has agreed to acquire Peak National Bank.Omaha Financial, a unit of Mutual of Omaha Insurance Company, Omaha, Neb., wants to open ...