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Equity investors redeemed more cash from mutual and exchange traded funds that invest in banks last week than at any point since the height of the financial crisis, according to data from EPFR Global. Just under $1bn was withdrawn from financial funds ...
May 21, 2012 at 16:30 | Source: Financial Times
Unitholders of record on May 31, 2012 will receive cash distributions payable on June 5 ... Vanguard offers more than 170 funds to U.S. investors and more than 60 additional funds in non-U.S. markets. For more information, please visit ...
May 22, 2012 at 18:09 | Source: Financial Post
The investment giant's study examined monthly cash-flow data from Morningstar for the 10-year period ended Dec. 31, 2011. The data included stock and bond funds, both conventional open-end funds and ETFs (but not funds of funds, balanced funds ...
May 17, 2012 at 10:51 | Source: CBS News
Cash value life insurance can be a valuable means of saving additional funds for retirement. Premiums paid into permanent life insurance contracts can generate a cash value which grows tax-deferred. At retirement, tax-favored loans and ...
May 27, 2012 at 05:53 | Source: El Paso Times
An Olympic torch achieved a price of 150,400 pounds ($238,000) on EBay as relay runners in the buildup to the London games look to raise funds or cash in on their participation. Sophia Cowburn carried the Olympic flame on May 19 through Liskeard ...
May 22, 2012 at 05:16 | Source: Bloomberg
DENVER -- When you donate to a nonprofit, you expect the money to be spent helping the cause. But a CALL7 Investigation found some well-known organizations using significant amounts of your money to raise even more. As part of a nationwide ...
May 16, 2012 at 03:35 | Source: Denver Channel
Goldman Sachs Group Inc. (GS) (GS) and funds managed by the firm raised $1.09 billion selling stock in Facebook Inc. (FB) (FB)’s initial public offering, cashing out almost half their stake in the social network. The investment bank and its ...
May 17, 2012 at 21:42 | Source: Businessweek
Fund of funds typically charge their investors an annual 1 percent management fee and 10 percent of performance over a certain benchmark - often the return on cash - on top of the fees underlying hedge fund managers charge. By contrast ...
May 25, 2012 at 08:04 | Source: Reuters
Companies that failed to invest “excess” cash – the amount above the level companies need ... “Our evidence shows this strategy is the worst way of managing additional liquid funds.” Share buybacks and acquisitions provided shareholders with ...
May 28, 2012 at 16:00 | Source: Financial Times
who said that while the bank does take precautions for large cash withdrawals, it wouldn't order an armored courier unless a customer asked for specific denominations or had a strict timeline for receiving the funds. In the end, Kenjeev dodged ...
May 22, 2012 at 23:52 | Source: Daily Finance