Mutual Funds

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Wells Fargo & Co. (WFC) will double its $444 billion asset-management unit within seven years by expanding in international markets as wounded European rivals retrench, according to division chief Mike Niedermeyer. The firm will add foreign ...
May 22, 2012 at 23:17 | Source: Bloomberg
Craig Birk is director of portfolio management at San Francisco-based Personal Capital. Mutual funds were a great invention for their time because they made diversification available to the average investor. But over the last 10 years it’s ...
May 23, 2012 at 10:29 | Source: Wall Street Journal
Long-term mutual funds had estimated inflows of $3.9 billion in the latest week as investors added more money to bond and hybrid funds, while U.S. stocks continued to decline, the Investment Company Institute said. The latest week marks the 19th ...
May 23, 2012 at 21:21 | Source: Wall Street Journal
So you don't have the time or the interest to pick stocks on your own. No problem -- most people don't. And congratulations for being honest with yourself. You've chosen instead to put your money into mutual funds, letting an experienced money ...
May 25, 2012 at 16:54 | Source: Motley Fool
Unbelievably, with the right investments, you could have increased your nest egg four- or fivefold over the past decade, even as the S&P 500 sputtered out a measly 2.1% average return per year. If you pulled off massive multibaggers, then hearty ...
May 25, 2012 at 09:58 | Source: msnbc.com
But don't cry for the mutual funds, said John Bonnanzio, editor of the Fidelity Insight investor newsletter. Many funds bought Facebook shares last year, while the company was still private, on secondary markets for considerably less than $38 ...
May 21, 2012 at 21:45 | Source: Reuters
... mutual fund salesman Sy Mytting for encouraging five clients to borrow inordinate amounts of money to invest in mutual funds. For his sins, the Investment Industry Regulatory Organization of Canada banned Mytting from the securities ...
May 26, 2012 at 10:47 | Source: The Vancouver Sun
A mutual fund is simply a collection of stocks, bonds, short-term money market instruments, other securities, or any combination of such assets. Investors buy shares in the fund, and a manager makes the decision to buy and sell the securities ...
May 21, 2012 at 14:50 | Source: Motley Fool
“Colleges and universities are among the many organizations that consistently use money market mutual funds as an efficient cash management tool. We believe that requiring a floating NAV would be more burdensome and would force organizations ...
May 23, 2012 at 13:21 | Source: Forbes