Portfolio

Ready or not, the deadline to update 403(b) plans is here.

Mutual fund companies ask investors to look at past performance and judge their offerings based on their performance relative to a benchmark.

Moody's Affirms Fidelity A1 Senior Rating

American Century Investments has been hammered by the market downturn but is positioning itself for brisk growth at home and abroad, according to its top executive.

Financial industry analysts are anticipating a wave of new regulations to come out of this financial crisis, but with any luck, mutual funds will escape a direct hit.

Clients withdrew cash from municipal bond mutual funds at a clip not seen since October.

Total assets of money market mutual funds rose $34.48 billion during the week ending Dec. 10, to settle at $3.777 trillion, according to the Investment Company Institute.

Investment managers will now be able to automate, centralize and standardize purchases, exchanges and redemptions directly though the Depository Trust & Clearing Corporation’s Fund/SERV and other mutual fund services, instead of having to go through a third party.

The Securities and Exchange Commission on Thursday fined eight former Fidelity traders $1.04 million for accepting lavish gifts from brokers, not least of which included trips on private jets and courtside sports tickets.

With interest rates falling so low, it will soon cost more for fund companies to run somemoney market funds than their investments, The Wall Street Journal reports. Rather than step in to make investors whole or permit their funds to break the buck, some money funds will likely close.