-
-
NEW YORK-While the subprime crisis battered the stock market in the third quarter and the fourth quarter isn't expected to be any better, mutual fund portfolio managers and analysts believe the credit market turmoil will blow over. They spoke earlier this month at a media conference co-sponsored by Lipper and SunStar.
November 26 -
Let's be realistic about New York Governor Eliot Spitzer, a man many in the mutual fund industry detest for launching the timing and late-trading investigations.
November 19
-
Predictions that the mutual fund industry will embrace elaborate alternative strategies, driven in part by European regulatory changes, may be a bit preliminary, according to some state-side asset management executives.
November 19 -
The growing number of independent directors on mutual fund boards has renewed the debate over whether industry best practices should become mandatory, but few believe any regulatory action will be taken soon.
November 19 -
Let's be realistic about New York Governor Eliot Spitzer, a man many in the mutual fund industry detest for launching the timing and late-trading investigations.
November 19 -
-
Eaton Vance Appoints Swaffield to Key Position: Income Investment Officer
November 19 -
Amid the sobering talk of a possible recession, there were two pieces of news last week that are cause for additional consternation. First, bond guru Bill Gross of Pimco warned that the subprime crisis could linger for another two years, wiping out another $250 billion in loan defaults through the end of next year on top of the $900 billion worth of current questionable collateralized debt obligations and subprime loans.
November 12 -
The Supreme Court heard arguments last week in a case seeking to eliminate a state's right to issue tax-free municipal bonds for paper concerning its own state, but to tax out-of-state municipal bonds.
November 12 -
The self-policing efforts of the $1.8 trillion hedge fund industry took a step forward with last week's release of the Managed Funds Association's guidelines for best practices in the industry.
November 12 -
The digital age continues to make inroads at the Securities and Exchange Commission, as the SEC said on Nov. 2 it is considering a plan to permit fund managers to file applications for exemptive relief, or variances from agency procedures, over the Internet. The industry has through Dec. 14 to comment on the proposal.
November 12 -
After more than a decade of fits and starts for prospectus profiles, it appears that both the mutual fund industry and the Securities and Exchange Commission are finally comfortable with the idea.
November 12 -
Amid the sobering talk of a possible recession, there were two pieces of news last week that are cause for additional consternation. First, bond guru Bill Gross of Pimco warned that the subprime crisis could linger for another two years, wiping out another $250 billion in loan defaults through the end of next year on top of the $900 billion worth of current questionable collateralized debt obligations and subprime loans.
November 12 -
-
-
-
A new marketing idea we've been hearing at recent conferences for the mutual fund industry is the notion of embracing new technologies, including blogging, instant messaging, chat rooms, webcasts, podcasts, websites tailored for each individual investor and even creating communities along the lines of facebook.com and YouTube.com.
November 5 -
The Financial Industry Regulatory Authority has fined Oppenheimer & Co. $1 million for intentionally submitting inaccurate mutual fund breakpoint data and for failing to properly supervise its brokers.
November 5 -