- Money Management Executive
The Principal Preservation Portfolios have been renamed the North Track Funds and it has the first two of possibly several new index funds to track Dow Jones indexes in registration.
April 9 - Money Management Executive
March 2000: Several high-tech and Internet mutual funds have stopped accepting assets from potential investors in order to remain nimble in such a fast-paced industry. Some funds posted gains of up to 500 percent during 1999 alone. And according to fund tracker Morningstar, there are at least 40 different Internet funds from which to choose.
April 9 - Money Management Executive
After a record-breaking first quarter in 2000, equity fund flows reversed direction in the first quarter of 2001, according to AMG Data Services of Arcata, Calif. Mutual fund investors reallocated investments from equity funds to bond and money market funds in the first quarter, according to the fund tracker.
April 6 - Money Management Executive
The Vanguard Group of Malvern, Pa., will liquidate two of its funds and eliminate a one percent redemption fee on two other funds, the company announced today.
April 6 - Money Management Executive
The Dreyfus Corporation of New York announced yesterday the establishment of a new business unit that will design and develop the firm's website content and functions. Dreyfus named Sean Foley director of the new unit.
April 6 - Money Management Executive
The American Stock Exchange and Singapore Exchange (SGX) announced today that certain exchange-traded funds listed on the Amex will begin listing and trading on the SGX on May 4.
April 5 - Money Management Executive
Scudder Weisel Capital Holdings, the joint venture between Zurich Scudder Investments of New York and merchant bank Thomas Weisel Partners Group of San Francisco, is being disbanded as the firms have chosen to pursue different distribution avenues, the firms announced late last month.
April 5 - Money Management Executive
First Eagle SoGen Funds of New York is seeking shareholder approval to liquidate the First Eagle SoGen Money Fund, according to a preliminary proxy statement filed April 3 with the Securities and Exchange Commission.
April 5 - Money Management Executive
iHilal of Dubai, United Arab Emirates announced yesterday the launch of iHilal.com, the first financial services website that offers stocks and mutual funds compliant with Islamic law.
April 4 - Money Management Executive
E* E*TRADE Group of Menlo Park, Calif. today announced the opening of its first offline E*TRADE Center, on Madison Avenue in New York.
April 4