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Mutual Funds News Archive08-Nov-2007
MUTUAL UNDERSTANDING: Three Target-date Funds That Consistently Beat Their Peers (Nasdaq)
SAN FRANCISCO (Dow Jones) -- For Mutual Funds that encourage investors to keep a long horizon, target-date funds don't have much history. Most of these retirement-focused products have come to market only recently.
OUTLOOK PKO BP profit should rise 9 pct in Q3 on higher lending, mutual funds (Sharewatch)
WARSAW (Thomson Financial) - Poland's largest bank PKO BP should show a 9-pct rise in third-quarter net profit boosted by inflows to its Mutual Funds unit and higher lending to consumers and companies, an analysts' poll showed.
Stock Mutual Funds Saw $5.55 Billion Outflow Thursday-Wed - TrimTabs (Nasdaq)
NEW YORK -(Dow Jones)- Stock mutual funds saw an outflow of $5.55 billion during the week ended Wednesday, compared with an inflow of $12.2 billion during the previous week, according to TrimTabs Investment Research estimates.
Fidelity offers 2 new international funds (Boston Globe)
Boston-based Fidelity Investments, the biggest mutual fund firm, yesterday said it has launched two new internationally focused stock funds.
Robert Loest Of Integrity Mutual Funds: We're Headed Into A Recession, Fed Going To Cut Rates By "A Lot" More Than ... (Nasdaq)
(RTTNews) - In an interview with RTT News, Robert Loest, portfolio manager at Integrity Mutual Funds discusses his bearish take on the market. Loest says the up days are going to be "increasingly infrequent" and that we're headed into a recession within the next quarter or two.
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