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Mutual Funds News Archive18-Mar-2008
Integrity Mutual Funds, Inc. Announces Fourth Quarter and Year-End 2007 Earnings (Business Wire via Yahoo! Finance)
MINOT, N.D.----Integrity Mutual Funds, Inc. , a mutual fund and financial services company, today reported revenues for the fourth quarter of 2007 of $9,581,654, a 36% increase from revenues of $7,067,823 for the fourth quarter of 2006.
Global funds soften stock market blow for Indians (Reuters via Yahoo! Singapore News)
MUMBAI, March 18 - A small group of Indian mutual fund investors with portfolios diversified globally has taken a softer hit from the stock market turmoil than peers who opted for funds investing locally, industry experts said.
Boston mutual funds had large positions in Bear Stearns just months ago (BizJournals)
Boston-based mutual funds and asset managers - including Fidelity Investments and State Street Corp. --- were among the largest institutional shareholders of Bear Stearns as of the last reporting period before the investment bank's stunning collapse and fire sale to JPMorgan Chase & Co.
Mutual funds industry recorded 88 percent growth in 2007 (Business Recorder)
KARACHI (March 17 2008): The mutual funds industry performed very well and witnessed a growth of some 88 percent during the calendar year 2007, attaining the size of Rs 330 billion from Rs 175 billion in December 2006.
Integrity Mutual Funds, Inc. Announces Fourth Quarter and Year-End 2007 Earnings (Centre Daily Times)
Integrity Mutual Funds, Inc. (IMFD.OB), a mutual fund and financial services company, today reported revenues for the fourth quarter of 2007 of $9,581,654, a 36% increase from revenues of $7,067,823 for the fourth quarter of 2006. Revenues for the year ended December 31, 2007 were $38,490,489, a 44% increase from revenues of $26,786,964 for the year ended December 31, 2006.
Mutual Funds Against Cancer Names Interactive Data as Foundation Sponsor to Help Raise $4 Million for Cancer Research (Business Wire via Yahoo! Finance)
BOSTON----Mutual Funds Against Cancer , one of the leading advocates in the fight against cancer within the mutual fund and financial industry, recently announced Interactive Data Corporation as its Foundation Sponsor for the next two years.
The Right Mutual Funds for You (The Motley Fool)
Consistency is key.
Mutual funds had large positions in Bear Stearns just months ago (The Business Journal of Phoenix)
Mutual funds and asset managers - including Fidelity Investments and State Street Corp. - were among the largest institutional shareholders of Bear Stearns as of the last reporting period before the investment bank's stunning collapse and fire sale to JPMorgan Chase & Co.
Analysts say quality bond funds should stay safe (USA Today)
In turbulent markets, investors have historically sought a haven in traditionally safe investments such as money market mutual funds and Treasury bonds.
Mutual-funds assets rise, but growth slows (The Arizona Republic)
Mutual Funds are feeling some growing pains, as industry officials gathering in Phoenix this week realize. Actually, the pains reflect recent slower growth for the fund business.
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