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Mutual funds make big purchase in June (The Hindu)
Mutual funds have been net buyers on 16 of the 21 trading days in June. Assets under management of mutual fund industry witnessed a 5.9 per cent drop.
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Mutual Funds: Stock funds suffer awful quarter, but worst may be over (Market Watch)
It was not a good quarter for mutual funds and ETFs, not unless all you owned were commodities and bear-market funds. And it has not been a good year overall as major market indexes have slipped more than 20% from their 52-week peaks -- the traditional definition of a bear market.
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Mutual funds post $1.7-billion inflow (The Globe and Mail)
Canadians stashed about $1.7-billion in mutual funds in June, with some investors jumping into the market as the S&P/TSX composite index continued to hit new highs.
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Taiwan Lets Mutual Funds Invest More In China-Related Stocks (Nasdaq)
TAIPEI -(Dow Jones)- The Taiwan government said Thursday it will allow mutual funds sold on the island to invest as much as 10% of their assets directly in China-listed stocks, up sharply from current 0.4% limit.
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Robert Loest Of Integrity Mutual Funds: I Expect It To Get Ugly Tomorrow (Nasdaq)
(RTTNews) - In an interview with RTT News, Robert Loest, senior portfolio manager at Integrity Mutual Funds discusses the market's sharp sell off on Wednesday and predicts that stocks "will go lower."
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Nationwide Mutual Funds and Aberdeen Funds reorganize 26 funds (Banking Business Review)
Nationwide Mutual Funds has announced the completion of the reorganization of 26 Nationwide funds into Aberdeen funds.
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Mutual funds post $1.7-billion inflow (The Globe and Mail)
June sales are still off 26 per cent from a year ago; money market funds continue as main target
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Credit crisis stings Miami mutual fund advisors (Miami Herald)
Citing mounting losses, community banks in California and Washington have pulled their investments from a group of mutual funds managed by longtime Miami investment advisor Rodger D. Shay Sr.
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Mutual Funds That Are Beating the Bear (WallStreet Journal via Yahoo! Finance)
As stock markets collapsed around the world, investors in a select number of mutual funds actually managed to turn a profit during the first half. What did they do right?
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India's Taurus mutual hires SBI Funds executive (Reuters via Yahoo! Philippines News)
MUMBAI, July 3 (Reuters) - India's Taurus Asset Management has hired Kumar Nathani as fund manager, fixed income, from SBI Funds Management and plans to hire three more staff in its debt team by August, a top official said on Thursday.
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