Mutual Fund Investing News
- Will there be a Gold Rush in 2009? Monday, January 5, 2009 @ 10:02AM SAN DIEGO - The SPDR Gold Trust posted a 2008 gain of 4.9%. Are more gains ahead for gold in 2009?
- Veteran ETF Analyst Paul Mazzilli Named Senior Advisor at IndexIQ Monday, January 5, 2009 @ 8:56AM NEW YORK----IndexIQ, a leading developer of index-based alternative investment solutions, announced today that Paul Mazzilli has been named Senior Advisor to IndexIQ and a member of the firm’s Advisory Board.
- Investors Bid Farewell To Tough 2008 Sunday, December 28, 2008 @ 6:46PMIt was a year of disillusionment, betrayal and excruciating pain for investors.
- Private Equity Firms Are Near Deal to Buy IndyMac Sunday, December 28, 2008 @ 5:45PMThe proposed deal is unusual because it is one of the first transactions involving unregulated private equity firms acquiring a majority stake in a bank holding company.
- Investors tilt towards debt funds Sunday, December 28, 2008 @ 1:24PMMumbai, Dec. 28: Mutual fund investors may prefer debt funds to equities in the coming year because of the depressing state of stocks following the global financial crisis.
- Stockmarkets down? Stay invested, say investment experts Saturday, December 27, 2008 @ 12:14PMGold may glitter but the bourses look like the best long-term bet yet. Ladies! It’s time to sell your diamonds and buy gold, says a strategy report from Nomura. Of course, what Nomura’s recommending is a basket of gold stocks and that’s a somewhat cumbersome option for Indian investors.
- Best performing mutual funds Saturday, December 27, 2008 @ 8:54AMThe following are the leaders, based on one-year returns as of Thursday for equity income funds and general muncipal debt funds.
- March rocked Sudbury as Elton John, mining profits gave city a boost Saturday, December 27, 2008 @ 8:10AMMarch began with good news when it was learned the average nickel price fetched by Vale Inco and its Brazilian parent company rose 54 per [...]
- The Go-Go Investor Friday, December 26, 2008 @ 11:34PMHe could never shake his association with the collapse of market exuberance.
- When markets settle, be ready to take your best shot Friday, December 26, 2008 @ 8:06PMA fundamental question must be answered by each and every investor as the end of this most awful year for the markets approaches. Will you be playing offence in 2009, or defence?
- (AFX UK Focus) 2008-12-24 14:08 UPDATE 1-Reserve Mgt may face SEC charges over fund failure Wednesday, December 24, 2008 @ 7:34AMNEW YORK, Dec 24 (Reuters) - The New York investment manager credited with inventing the money market fund may face charges he violated federal securities laws in connection with the collapse of his $64 billion mutual fund this September, an event that sent the global credit crisis into overdrive. Reserve Management Co Inc said on its website that U.S. Securities and Exchange Commission staff ...
- Reserve Management may face SEC charges over fund failure Wednesday, December 24, 2008 @ 6:56AM The New York investment manager credited with inventing the money market fund may face charges he violated federal securities laws in connection with the collapse of his $64 billion mutual fund this September, an event that sent the global credit crisis into overdrive.
- Reserve Mgt may face SEC charges over fund failure Wednesday, December 24, 2008 @ 6:52AM(Recasts with background, details, adds New York dateline)
- France admits general investors may be exposed in Madoff scandal Wednesday, December 24, 2008 @ 6:11AMThe Madoff scandal stirred confusion at the heart of the French establishment yesterday as the Financial Markets Authority (AMF) was forced to retract a claim that no ordinary savers would be caught in the fraud allegedly perpetrated by the Wall Street trader.
- China Stocks Lure BlackRock, Mobius on Stimulus Plan (Update3) Wednesday, December 24, 2008 @ 4:46AMDec. 24 (Bloomberg) -- The biggest investors in emerging markets say China is the best choice for 2009, betting plans to stimulate growth will lead a stock market recovery in the fastest growing major economy.
- Rye firm sued over losses in Madoff scheme Wednesday, December 24, 2008 @ 12:45AMIndividual investors who entrusted their savings to Tremont Group Holdings Inc. said in lawsuits that they are facing devastating losses after the Rye-based company invested client assets with Bernard Madoff, the money manager who is accused of orchestrating a $50 billion Ponzi scheme.
- Japan’s Mutual Fund Assets Set for Steepest Decline on Record Wednesday, December 24, 2008 @ 12:01AMDec. 24 (Bloomberg) -- The value of Japanese mutual funds’ assets are headed for a record decline this year, as a global recession, surging yen and plummeting interest rates hammer investment returns.
- First Trust Active Dividend Income Fund Declares Quarterly Distribution of $0.46 Per Share Monday, December 22, 2008 @ 5:15PM WHEATON, Ill.----First Trust Active Dividend Income Fund today declared the Fund’s quarterly distribution, payable on January 30, 2009 to shareholders of record as of December 31, 2008.
- First Trust Strategic High Income Fund III Declares Monthly Common Share Distribution for January of $0.120 Per Share Monday, December 22, 2008 @ 5:11PM WHEATON, Ill.----First Trust Strategic High Income Fund III today declared the Fund’s regularly scheduled monthly distribution, payable on January 15, 2009 to shareholders of record as of January 6, 2009.
- First Trust Strategic High Income Fund II Decreases its Monthly Common Share Distribution to $0.15 Per Share for January Monday, December 22, 2008 @ 5:06PM WHEATON, Ill.----First Trust Strategic High Income Fund II today decreased its regularly scheduled monthly distribution to $0.15 per share from $0.1667 per share. The distribution is payable on January 15, 2009 to shareholders of record as of January 6, 2009.
