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Mutual Funds News Archive02-Mar-2008
Mutual Funds to return Saturday (The State)
A listing of more than 300 Mutual Funds will return to Saturday?s Business section on the Money&Markets page. The list is based on readers? requests. A full list of Mutual Funds can be found at www.thestate.com/business . To request a mutual fund be added to the list, call (803) 255-1390 or e-mail ssvedberg@thestate.com .
Flight of cash into money market funds (Financial Times)
Investors are pouring their cash into money market funds at a record rate as they seek a safe harbour from the credit turmoil. Money market mutual fund assets rose $19.34bn to a record $3,428bn for the week ending February 27, according to the Investment Company Institute.
Stock Mutual Funds Saw $2.46 Billion Inflow Thursday-Wed - TrimTabs (Nasdaq)
NEW YORK -(Dow Jones)- Stock mutual funds saw an inflow of $2.46 billion during the week ended Wednesday, compared with an outflow of $4.7 billion during the previous week, according to TrimTabs Investment Research estimates.
Wells Fargo incurs $39 million loss from money funds (Reuters via Yahoo! News)
Wells Fargo & Co, the fifth-largest U.S. bank, said on Friday it has recorded a $39 million loss tied to some complex debt that has lost value and which is held by its money market mutual funds.
Old Mutual funds under management rise 18pc (The Herald)
LIFE insurer Old Mutual reported an 18 percent rise in funds under management at £278,9 billion for fiscal 2007 despite unsettled market conditions.
Mutual Funds return today (The State)
A listing of more than 300 mutual funds return today to the Business section on the Money&Markets page. The list is based on readers? requests. A full list of mutual funds can be found at www.thestate.com/business . To request a mutual fund be added to the list, call (803) 255-1390 or e-mail ssvedberg@thestate.com .
Steady Strategies Help Lift Mutual Funds (Hartford Courant)
Long-Term Managers Produce Success Stories For Hardy Investors Patience in the midst of volatility is a challenge. Too often, mutual fund shareholders become nervous and make ill-advised changes because they can't accept temporary declines.
Six 'undiscovered' mutual funds that have great potential (Market Watch)
Here are six under-the-radar funds that have done all the right things, except gain a following equal to their performance.
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