Mutual Funds News Archive

20-Dec-2008

 

New SEC rules require financial data from companies, mutual funds be interactive online (Canadian Business)
Financial disclosures by public companies and Mutual Funds will be provided in an online interactive format in the next few years under rules

Mutual Funds: The Real Smart Money (Forbes)
Forbes.com's mutual fund experts discuss how Bernie Madoff took the supposed ''smart money'' for a ride.

The mutual fund news report that sparks ideas (Fund Action)
Large-scale redemptions across funds and strained finances are forcing mutual funds in India, such as Fidelity Mutual Fund and Edelweiss Asset Management Company, to cut employees as part of cost saving.

SEC Approves Interactive Data for Financial Reporting by Public Companies, Mutual Funds (U.S. Securities and Exchange Commission)
Washington, D.C., Dec. 18, 2008 ? The Securities and Exchange Commission has voted to require public companies and mutual funds to use interactive data for financial information, which has the potential to increase the speed, accuracy and usability of financial disclosure and eventually reduce costs for investors.

The mutual fund news report that sparks ideas (Fund Action)
Mutual funds in India are holding more and more of their cash against their exposure in any sector. (Hindustan Times)

Mutual funds with big losses can still trigger taxes (USA Today)
You've just lost 35% in your mutual fund. Could things get worse? Of course. Your fund could make a big, taxable capital gains distribution and many are.

Investors Flee Municipal Bond Mutual Funds (Financial Planning.com)
Clients withdrew cash from municipal bond mutual funds at a clip not seen since October.

SEC OKs Rule Requiring Firms,Mutual Funds To Data-Tag Key Info (Nasdaq)
WASHINGTON -(Dow Jones)- Public companies and mutual funds will have to begin electronically "tagging" key data in reports filed to the Securities and Exchange Commission and post them on their Web sites, the SEC ruled Wednesday.

4 Funds That Focus on Alternative Energy (Smart Money)
These mutual funds could benefit from a new administration in Washington.

Stock Mutual Funds Saw $6 Billion Outflow Thursday-Wed - TrimTabs (Nasdaq)
NEW YORK -(Dow Jones)- Stock Mutual Funds saw an outflow of $6.0 billion during the week ended Wednesday, compared with an outflow of $2.8 billion during the previous week, according to TrimTabs Investment Research estimates.

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