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Mutual Funds News Archive05-Sep-2007
August's market turmoil takes toll on mutual funds (CBC via Yahoo! Canada News) Market jitters led to a dismal month for Mutual Funds in August, as investors rushed to cash in and most fund categories lost money.
No need to flee money market mutual funds (Tacoma News Tribune) One person?s ?flight to safety? is another?s ?panic,? but no matter what you call it, many investors are making an unnecessary trip in that direction with their money-market Mutual Funds.
Activists push mutual funds to divest holdings linked to Sudan (International Herald Tribune) Funds with shares in PetroChina, the Beijing oil company, have become a flash point in the debate over the killings in Darfur. The parent of PetroChina, China National Petroleum, is one of the chief foreign investors in Sudan and has drawn wide criticism from human rights groups.
Ten Top Performing Mutual Funds Revealed by MutualsAdvisor.com (PRWeb via Yahoo! News) Business Financial Publishing inaugurates new investment advisory website by offering free copy of report on ten top performing mutual funds.
Mutual funds witness Rs 18,500-cr dip (Central Chronicle) Mumbai, Sept 4: Continued volatility in Indian stock markets over the US subprime mortgage crisis all through August has led to a fall in assets of mutual funds in the country by over Rs 18,500 crore during the month.
Canadian Mutual Funds Had August Redemptions of C$1.55 Billion (Bloomberg.com) Sept. 5 (Bloomberg) -- Canadian mutual-fund sales had redemptions of about C$1.55 billion ($1.47 billion) in August after concerns that bonds would default prompted Canadian investors to sell money-market funds.
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