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Building your clients’ portfolios in-house means they don’t have to pay a mutual fund manager in addition to paying their adviser’s management fees. Today’s trading costs are so low that our firm can even afford to absorb them for our clients.
May 23, 2012 at 10:29 | Source: Wall Street Journal
the Unitholders have authorized by special resolution the conversion of the Fund from a closed-end investment trust to an open-ended mutual fund (the "Conversion"). Pursuant to the special resolution, the Manager has the authority to implement the ...
May 26, 2012 at 00:25 | Source: Stockhouse
Reliance Mutual Fund has posted a net profit of Rs 276 crore for the fiscal year 2011-12, retaining its position as the country's most profitable fund house for the second straight year. The company's profit after tax grew by over five per cent from Rs 261 ...
May 22, 2012 at 19:42 | Source: moneyguruindia.com
Called "the nation's most prominent bond investor" by the New York Times, he co-founded Pacific Investment Management (PIMCO) and currently manages PIMCO's Total Return fund (the world's largest bond fund and fifth largest mutual fund ...
May 25, 2012 at 21:04 | Source: Worldnews.com
traders and regulators are expected to appear before members of the House of Representatives' Committee on Financial Services in a hearing focused on the plumbing of stock and derivative trading and its effect on retail and mutual-fund investors ...
May 25, 2012 at 10:27 | Source: Marketwatch
Indian retail investors, who access equities through the mutual fund (MF) route ... on a daily basis," explains the chief investment officer of a foreign fund house.
May 17, 2012 at 05:14 | Source: Sify
Fund-of-funds are mutual funds that invest entirely in other funds ... The study, using data from October 2002 to January 2008, found that fund sponsors used the house fund-of-funds as "insurance pools" to offset shortfalls when its managed ...
May 20, 2012 at 07:20 | Source: TheDay
For beginners, it is not easy to choose a mutual fund scheme to invest in ... make sure you see the performance of the equity category of a fund house. It can give you an idea of a fund house’s caliber to manage equity schemes. There are a lot of ...
May 12, 2012 at 18:42 | Source: Business Standard
Put the balance in a money market mutual fund or a bank CD. You've got some work to do ... The drawback: It's harder to get your money out of a house than it is to put into it. Yes, you can open lines of credit. But if part of your retirement ...
May 24, 2012 at 22:31 | Source: USA Today
Under STP, a lump sum amount earlier invested by you can be transferred at regular intervals in a piecemeal manner systematically into another mutual scheme (as desired by you) of the same fund house. Typically 6 such transfers are allowed by ...
May 15, 2012 at 23:54 | Source: MoneyControl.com