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...
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.