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.
ICI Re-Elects Flanagan
By Janet LevauxThe Investment Company Institute's Board of Governors has re-elected Martin L. Flanagan, president and CEO of Amvescap, to his second consecutive one-year term as chairman...
October 26, 2006
Alpha From Undervalued and Overvalued SecuritiesUBS has launched a new fund that will leverage the equity research that UBS Global Asset Management already does, and endeavor to capture alpha from both under-valued and over-valued U.S. equity securities. It is a 130/30 long-short equity strategy in which the portfolio's managers will sell-short overvalued securities worth 30%...
October 25, 2006
Basic LTC Policy Offers Up To 5 Years Of BenefitsMutual of Omaha Insurance Company is pitching a new long term care insurance product at consumers who want cheap, easy-to-understand coverage.The new Mutual Care LTC ...
October 25, 2006
Basic LTC Policy Offers Up To 5 Years Of BenefitsMutual of Omaha Insurance Company is pitching a new long term care insurance product at consumers who want cheap, easy-to-understand coverage.The new Mutual Care LTC ...
October 21, 2006
Arbitrators Question Executive DismissalLawyers for the former head of a large insurer say arbitrators have concluded that he was dismissed without cause.A 3-member panel assigned by the American ...
October 19, 2006
Mutual Of Omaha Spearheads Midtown ProjectA Cornhusker State insurer is trying to beautify its neighborhood.Mutual of Omaha Insurance Company, Omaha, Neb., is working with ECI Investment Advisors Inc., Chicago, to ...
October 17, 2006
Old Mutual Says Hola To Hispanic MarketAn insurer has started a program to reach out to a specific demographic group.Old Mutual Financial Network, Baltimore, a unit of Old Mutual P.L.C., London, ...
October 16, 2006
Hedge Funds: Still Risky BusinessDespite Amaranth's $6-billion one-week loss in September, the largest in hedge fund history, industry sources agree that the effect was little more than a blip. The fund did not default on any of its counterparty obligations, and the impact on global financial systems was essentially negligible. However, the sheer size...