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Bond fund sales grew at a record pace during the first half of 2012, according to Strategic Insight. Equity funds recorded net redemptions in aggregate.
August 13 -
Money-market fund companies obtained permission to support 155 of their funds during the financial turmoil of 2007 and 2008, and six more funds got the same go- ahead since the crisis, according to a list provided to Congress by the U.S. Securities and Exchange Commission.
August 13 - Money Management Executive
oward C. Greene, the lead portfolio manager for the John Hancock Bond Fund, has just passed the 10-year milestone at the helm of the $1.4 billion fund.
August 13 -
The Value Line Asset Allocation Fund has been added to the Schwab Mutual Fund OneSource Select List. The fund is ranked in Lipper's top 12% for the 10-year period.
August 13 -
Setting up a mutual fund in China or India may be appealing to U.S. fund companies because of the growing affluence and high savings rates in those countries. But it is a long and multi-faceted process.
August 13 -
The last decade has been rough for the mutual fund industry. This means boards of directors must have the tools for overseeing compliance and take on the oversight.
August 13 -
On August 13, 2012, Somewhere in the world this week, Jeffrey Gundlach is smiling.
August 10 -
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On August 13, 2012, The last decade has been rough for the mutual fund industry. This means boards of directors must have the tools for overseeing compliance and take on the oversight.
August 10 -
On August 13, 2012, Setting up a mutual fund in China or India may be appealing to U.S. fund companies because of the growing affluence and high savings rates in those countries. But it is a long and multi-faceted process.
August 10