Portfolio

On June 21, 2012, Nationwide Funds Group delivered some welcoming news to its investors.

On June 21, 2012, Paul Schott Stevens, president and chief executive officer of the Investment Company Institute, gave his perspectives on money market reforms today in front of the Committee on Banking, Housing, and Urban Affairs in Washington, DC.

On June 21, 2012, Susan L. Wagner, a founding partner of BlackRock, is retiring as a Vice Chairman of BlackRock and has been elected to BlackRock’s Board of Directors.

Now alternative mutual funds will be rated in similar fashion to its more traditional counterparts.

Omaha, Neb., based Catalyst Funds has launched what it touts as “the first legal insider trading mutual fund."

On June 21, 2012, now alternative mutual funds will be rated in similar fashion to its more traditional counterparts.

Ever wonder how a Morningstar analyst develops a mutual fund rating? The process can take as long as six weeks and involves a littany of questions about people, process, parent, performance and price.

Ever wonder how a Morningstar analyst develops a mutual fund rating?

The Dow Jones Industrial Average lost 12.94 points Wednesday to close at 12.824.39 after the Fed said it would extend “Operation Twist,” but offered little else to assuage the concerns of anxious investors.

For the week ended June 13, investors placed an estimated $5.46 billion into virtually all categories of mutual funds, more than compensating for the previous week’s $1.55 billion outflow.