Muni Funds Keep Making History (Financial Planning.com) Investors continued shoveling rare quantities of cash into municipal bond Mutual Funds last week. Muni funds that report their figures weekly attracted $1.12 billion in cash from investors during the week ended June 3, according to AMG Data Services.
Five Lessons From Mutual Fund Leaders (Washington Post) The biggest names in the mutual fund business, convening for the annual Morningstar Investment Conference in Chicago, discussed everything from the hottest new exchange-traded funds to how to keep a lid on trading costs. As for the big picture, the experts offered some conclusions that investors may...
Plans separate module for offshore funds (Business Standard India) The Association of Mutual Funds in India (Amfi), the representative body of asset management companies (AMCs), is in the process of upgrading the mutual fund certification programme in a bid to bring in more competency among fund distributors and advisors.
