Citi launches governance portal for mutual funds


Citi today announced the launch of the Fund Governance Portal (FGP), providing its mutual fund servicing clients real-time access to data, critical ...

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Mutual funds: Your questions answered

rediff.com

Have a query regarding mutual funds? Maybe we can help. Drop us a line and our expert, Anil Rego of Right Horizons, will answer it. Got a question for Anil Rego? Please write to us at getahead@rediff.co.in with the subject line as ' Tax query '.

 

Top Mutual Funds

The Motley Fool

There's a lot you can learn from looking at lists.

 

Industry, SEC Spar Over Money Funds

Financial Planning.com

The Securities and Exchange Commission is considering making significant changes to money market mutual funds because there is still a danger that these funds could be unable to meet redemptions when investors begin to step off the sidelines en masse and move back into equity markets.

 

Omam to launch two equity funds

TrustNet

Old Mutual Asset Managers (Omam) is launching two equity funds, Old Mutual Dynamic Equity and Global Equity Absolute Return.

 

Mutual Funds Next Under Government Scrutiny?

Financial Planning.com

As the Obama administration turns over rock after rock in its efforts to reform the financial services industry, it may be no surprise that it is actively discussing the creation of a regulatory commission to protect those who purchase financial products such as mortgages and mutual funds.

 

Mutual funds that change as you age are hard to compare

Everett Herald

BOSTON -- Target-date mutual funds are supposed to simplify investment planning by automatically dialing down risk as you approach the day when you can finally call yourself retired.

 

Target-date mutual funds may carry excessive risk

The Record and Herald News

DALLAS — Are target-date mutual funds missing the bull's-eye? It appears the answer is yes for many of these funds, which are designed to smooth a worker's path to retirement by automatically resetting the investments as the investor ages.

 

CP market perks up as firms tap mutual funds to reduce costs

Business Standard India

The issuance of commercial papers (CPs) has shot up in the past few months with many big companies tapping mutual funds (MFs), which are flush with funds. The firms wanted to reduce their working capital costs by raising money via CPs issued to these funds.

 

India Mutual Funds' Assets Under Management Up 16% On Month In May

Nasdaq

MUMBAI -(Dow Jones)- The value of assets managed by Indian mutual funds rose 16% in May from April, boosted by a 28% jump in the benchmark index that encouraged institutional investors to get off cash and invest in equities.

 

Morningstar initiates target-date fund reports

AP via Yahoo! News

Morningstar Inc. said Wednesday it is launching ratings and detailed reports on target-date funds. The style of mutual funds have been criticized for losing significant value as the stock market deteriorated last year even though they were sold as safe investments for retirement.