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Mutual Funds News Archive09-Nov-2008
Cash returns to mutual funds (CNN Money)
Americans began pumping money into Mutual Funds for the first time in 15 weeks, as global equities started rallying at the end of October, according to a report released Thursday.
Chuck Jaffe: Mutual funds should trim fees to ease shareholders' pain (Market Watch)
BOSTON (MarketWatch) -- If the job of a mutual fund manager is to deliver returns that beat a stock market benchmark or that put them near the top of their peer group, then there is little doubt that most fund managers haven't earned their keep this year.
Stock Mutual Funds Saw $2.19 Billion Inflow Thursday-Wed - TrimTabs (Nasdaq)
NEW YORK -(Dow Jones)- Stock mutual funds saw an inflow of $2.19 billion during the week ended Wednesday, compared with an outflow of $9.23 billion during the previous week, according to TrimTabs Investment Research estimates.
Mutual Funds Should Trim Fees To Ease Shareholders' Pain (Fox News)
Mutual Funds Should Trim Fees To Ease Shareholders' Pain
Of Mutual Interest: Dividend funds' steady returns can be reassuring (Seattle Post-Intelligencer)
NEW YORK -- Wall Street is showing signs of settling down, but the economy is still quite troubled, so putting money into funds that focus on dividends might help some investors regain their confidence in the market.
Redemption worries on equity funds overdone (The Hindu)
Chennai, Nov. 8 Worries about the mutual funds suffering huge redemptions in the month of October appear a little exaggerated, especially on the equity side.
Mutual funds could spiral downward (The Morning Call)
Traumatized investors are fleeing mutual funds in huge numbers--grabbing what remains of their money and putting it anywhere that doesn't leave a knot in their stomach.
Mutual-funds pullout has its repercussions (San Diego Union-Tribune)
Traumatized investors are fleeing mutual funds in huge numbers ? grabbing what remains of their money and putting it anywhere that doesn't leave a knot in their stomachs. Although the most dramatic lurch for the exits might be over, history suggests that people could be yanking money from mutual funds for years.
Rigrodsky & Long, P.A. Files Class Action Suit Involving Certain Money Market Mutual Funds Offered by The Reserve Fund ... (GlobeNewswire via Yahoo! Finance)
WILMINGTON, Del., Nov. 7, 2008 -- The law firm of Rigrodsky & Long, P.A. has filed a class action in the United States District Court for the Southern District of New York on behalf of all persons or entities who purchased or held the shares of the Primary Fund money market Mutual Funds offered by The Reserve Fund during the class period from September 28, 2007 to September 16, 2008, inclusive ...
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