Mutual funds pack a performance punch


Equity funds' exceptional performance was obviously due to the stock market rally that was led by small and mid-cap stocks. Realty, banks and consumer goods companies emerged as top gainers.

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Tech Mahindra Ltd has tied up Rs8.75bn from mutual funds and insurance companies.

India Infoline

Tech Mahindra Ltd. has tied up Rs8.75bn from mutual funds and insurance companies, according to a report. The company has won the bidding this week for control of Satyam Computer Services Ltd. with a US$579mn offer.

 

Mutual funds’ asset base swells 11.5% in April

The Hindu

Mumbai, May 5 The mutual fund industry has recorded an 11.5 per cent growth in asset base in April, most of it due to large inflows from banks into short-term liquid schemes.

 

Buzz on Business: Mutual funds to be focus of workshop Saturday at Stonewall branch library

The Shreveport Times

Measuring the risks and rewards of investing in mutual funds will be the focus of a free class from 9:30 a.m. to noon Saturday at the Stonewall branch of the DeSoto Parish Library, 808 U.S. Highway 171 in Stonewall. Registration starts at 9 a.m.

 

FundWatch: Indexes beat most actively managed funds, S&P says

Market Watch

Investors in actively managed mutual funds the last five years have reason to wonder what they’ve been paying for: A new study from Standard & Poor’s finds that 70% of large-cap fund managers who use the S&P 500 as a benchmark for comparison have failed to match the performance of the index over that time.

 

Tech mutual funds performing well as niche firms defy market fall

The Star-Ledger

The pain from a punishing 2008 has lingered this year if you have a well-diversified portfolio: The Standard & Poor's 500 index is down 5 percent. But look at the year-to-date numbers for a trio of tech titans: Apple has...

 

Why Weak Funds May Bounce Higher

New York Times

Mutual funds that underperformed during a bear market can sometimes sprint past rivals at the start of a bull market.

 

Pakistan Regulator Allows Mutual Funds To Buy Back Units

Nasdaq

KARACHI-(Dow Jones)- Pakistan's stock market regulator Tuesday said mutual funds can buy back their units from the stock market to safeguard shareholder interests.

 

Are Fund Managers Better Than Their Funds?

TheStreet.com

For investors still cringing at their IRAs, 401(k)s or taxable mutual funds and exchange-traded funds, are you ready to take a chance on the companies that have brought you so many unhappy returns?

 

Keller Rohrback L.L.P. Announces Investigation Related to Closed-End Mutual Funds

GlobeNewswire via Yahoo! Finance

SEATTLE, April 17, 2009 -- Attorney Advertising. Keller Rohrback L.L.P. announces that it is investigating potential claims of breaches of fiduciary duty by directors or trustees of the following closed-end mutual funds :

 

Time To Revisit What You Pay For Mutual Funds

Fox News

Time To Revisit What You Pay For Mutual Funds