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Malcolm Berko: Most college funds fail to make the gradeWe have 6-year-old twins to send to college in 12 years. Our broker suggested a 529 Plan and wants us to invest in American Fund's Washington Mutual and American Fund's Investment Co. of America. Read More... |
The Bank of New York Mellon's Pershing Unit Adds Seven Industry-Leading Fund Companies to Nexus Funds
PR Newswire via Yahoo! FinancePershing Limited, an affiliate of Pershing LLC and a subsidiary of The Bank of New York Mellon Corporation, announced today that seven new mutual fund providers have been added to its Nexus Funds solution.
Citi launches governance portal for mutual funds
FinextraCiti today announced the launch of the Fund Governance Portal (FGP), providing its mutual fund servicing clients real-time access to data, critical ...
TIP DU JOUR: Read disclosures of mutual funds
Courier-PostMany mutual funds are beginning to charge more to manage money. Rising fund expense ratios are a response to declining markets that have eroded the management revenue that fund companies rely on to cover their own costs.
Mutual funds can build your retirement corpus
The Times of IndiaThe jury may still be out on the recently-introduced New Pension Scheme. However, what one can’t deny is that it has generated a lot of interest among people about retirement planning—especially among those employed in the private sector without a pension cover for retirement.
Mutual Funds Reap Inflows for 10th Straight Week
Financial Planning.comFor the 10th straight week in a row, mutual funds took in inflows, the Investment Company Institute revealed. However, the flows tapered off to $9.69 billion for the week ended May 20.
Getting To Know Hedge-Like Mutual Funds
InvestopediaHedge funds have enjoyed tremendous profits using alternative strategies, and these funds often outperform traditional investments such as stocks, mutual funds and bonds. This success has led a relatively new class of mutual funds to mimic hedge funds by adopting alternative strategies.
FOCUS-Stocks surge nudges investors back to India equity funds
Reuters via Yahoo! Philippines News* Stock funds net 19.3 bln rupees in May, best in 14 mths
PUBLIC MUTUAL DECLARES DIVIDENDS FOR FIVE FUNDS
Bernama via Yahoo! Malaysia NewsKUALA LUMPUR, June 1 (Bernama) -- Public Bank's wholly-owned subsidiary, Public Mutual Bhd today declared the final dividends for five of its funds for the financial year ended May 31, 2009.
Some closed-end mutual funds can be a bargain
Louisville Courier-JournalBargains can be hard to locate, but some of the easiest to find are in closed-end mutual funds. A closed-end fund is the earliest form of mutual fund.
Topsy-turvy times for mutual funds
CNN MoneyIf you're a mutual fund investor, the damage from the financial crisis is easy enough to measure: The typical blue-chip stock fund, for example, is down 34% over the past year. What may be less obvious to you is the trouble the crisis has caused fund companies - and what that means for your portfolio. After two decades of booming growth, the fund industry is going through its own meltdown. ...