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Stock Mutual Funds Saw $4.79 Billion Outflow Thursday-Wed - TrimTabs (Nasdaq)
NEW YORK -(Dow Jones)- Stock mutual funds saw an outflow of $4.79 billion during the week ended Wednesday, compared with an outflow of $511 million during the previous week, according to TrimTabs Investment Research estimates.
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Wall Street, funds urge SEC to keep ratings in rules (Reuters via Yahoo! News)
Securities regulators are locking horns with some of America's most powerful mutual funds and Wall Street players over plans to scrap requirements that money market funds hold investment-grade securities.
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Mutual funds should be judged by long-term track record (Farmington Observer)
At a recent speech, I was asked what factors I look for when recommending mutual funds. There are several, however, performance is the most important.
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Investment Planning Counsel Inc. Reports August 2008 Mutual Fund Assets Under Management and Sales (Marketwire via Yahoo! Finance)
Counsel Group of Funds Inc. a division of Investment Planning Counsel, Inc. today reported preliminary mutual fund assets under management and sales for the month ending August 31, 2008 as follows:
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Money market funds dominate sales in August: IFIC (Investment Executive)
Mutual fund sales for August are expected to come in at between $500 million and $1 billion, according to preliminary data from the Investment Funds Institute of Canada.
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Govt mulls Ulip-like tax sops for mutual funds (Express India)
The government and the regulators are considering providing mutual funds with tax benefits similar to those given to the Ulips.
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SBI Mutual Fund formalises tie-up with Karur Vysya Bank (Business Standard India)
SBI Funds Management, Investment Managers for SBI Mutual Fund, has formalised its tie-up with Karur Vysya Bank, a leading private sector bank in Tamilnadu.
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Desjardins Funds to change investment objectives of three funds (Investment Executive)
The Fédération des caisses Desjardins du Québec us seeking the approval of unitholders in connection with changes to the investment objectives of three funds.
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Mutual funds should be judged by long-term track record (Plymouth Observer)
As an investor, there is one reason you invest money and that is to make money. Because the goal is to make money, never forget that how an investment performs is the most critical issue. That being said, how do you evaluate performance?
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Mutual funds stem outflow (Globes Online)
The mutual fund sector grew by NIS 650 million in August.
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