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Mutual Funds News

Advantages of investing in gold bullion coins Saturday, September 4, 2010 @ 6:34AMIn todays gloomy economic times more and more investors are looking at gold coins as much safer mode of investment than the mutual funds and stocks. To evade the inflation you must invest some percentage of your well balanced portfolio in purchasing gold bullion coins. There are quite a few reliable online sites selling high quality gold coins and bullions at reasonable rate. Search on internet...
Trichet Says Greece Exit From Euro ‘Worst Possible Option’ Saturday, September 4, 2010 @ 5:27AMEuropean Central Bank President Jean-Claude Trichet said in Cernobbio today that Greece’s exit from the euro would be the “worst possible option.”
G-20 Discusses Concern Erratic Market May Dim Outlook Saturday, September 4, 2010 @ 5:02AMDeputies finance ministers and central-bank governors from the Group of 20 nations discussed concerns the recent volatility in financial markets may dim the short-term outlook for the global economy, a Bank of Korea official said.
New twist in the index fund-vs.-ETF battle Saturday, September 4, 2010 @ 4:37AMFund investors who want to put their money to work as cheaply as possible have a couple of basic options: They can go with an index mutual fund or a comparable exchange-traded fund. Mutual fund - Exchange-traded fund - Index fund - Investing - Business
Direct Tax Code a significant reform? Saturday, September 4, 2010 @ 3:16AMThe first version of Direct Tax Code (DTC) which was released for public debate in August 2009 had raised great hopes. The Bill that has now been introduced in Parliament drowned most of them.
Duping the families of fallen soldiers Saturday, September 4, 2010 @ 2:23AMThe package arrived at Cindy Lohman’s home in Great Mills, Maryland, just two weeks after she learned that her son, Ryan, a 24-year-old Army sergeant, had been killed by a bomb in Afghanistan. It was a thick, 9-inch-by-12-inch envelope from Prudential Financial Inc., which handles life insurance for the Department of Veterans Affairs.
Telekomunikacja Says DPTG Court Ruling Will Reduce 2010 Earnings Saturday, September 4, 2010 @ 1:35AMTelekomunikacja Polska SA said a court ruling that orders Poland’s largest phone company to pay about 2.9 billion kroner ($502 million) to DPTG I/S will have a negative impact on its net income in the third quarter and 2010.
Summer Rerun: Self-Inflicted Wounds and Mutual Assured Destruction Saturday, September 4, 2010 @ 12:16AMThis post first appeared on March 11, 2008 Oooh, the week has barely started and we’ve already had an overdose of adrenaline-generating news. Thornburg Mortgage and Carlyle Capital, both twisting in the wind, battered by margin calls, look unlikely to escape bankruptcy (Thornburg has already defaulted on financing agreements; Carlyle is seeking a standstill). Freddie and [...]
State report urges Mexico to improve human rights Friday, September 3, 2010 @ 10:29PMThe Obama administration is withholding $26 million in aid to Mexico, recommending that the government give more power to its human rights commission and crack down on abusive soldiers.In a report released Friday, the State Department said the Mexica ...
NAMI presents check to MCCC Friday, September 3, 2010 @ 10:15PMThe Reporter The National Alliance on Mental Illness (NAMI) Montgomery County recently presented a check for $2,500 to Montgomery County Community College.
Australians, in Election Limbo, Prefer Labor-Led Government Friday, September 3, 2010 @ 10:02PMAustralian voters, entering their third week without a result in a federal election, prefer the incumbent Labor Party to form a minority government, a poll released today shows.
Taylor defends fed cash request Friday, September 3, 2010 @ 9:19PMCarbondale Mayor Justin Taylor sees investing in his city as "putting my money where my mouth is" and is defending his request for a government loan to develop a downtown property he owns.The mayor drew criticism from Lackawanna County last week after i
Bristol Blotter 09-04-10 Friday, September 3, 2010 @ 9:04PMAn officer went to Rice Terrace “in reference to multiple noise complaints.” At first, he didn’t hear anything and was preparing to leave. Then a man “saw [the officer] sitting outside and decided to curse him.” The man was arrested.
Couple blend marriage and divorce work with aplomb Friday, September 3, 2010 @ 9:01PMBill Taylor and Cecilia Buck-Taylor are pictured in the New Milford office of their business, Innovative Dispute Resolutions. Photo: Michael Duffy / The News-Times | Buy This Photo
A Hot Fund Design Turns Cold Wednesday, September 1, 2010 @ 7:05PMThe popularity of 130/30 fundswhich aim to juice stock-market gains with borrowed money and bets against overpriced securitieshas faded considerably in recent years.
A Simple Recipe for Investors: Less Can Often Lead to More Wednesday, September 1, 2010 @ 7:05PMA 50/50 mix of stocks and bonds across three index mutual funds or ETFs often performs better than more aggressive strategies and provides some shelter from risk.
Blind trusts become campaign issue Wednesday, September 1, 2010 @ 7:00PMBlind trusts become campaign issue
Bruised Quant Funds Seek a Human Touch Wednesday, September 1, 2010 @ 6:59PMComputer-driven mutual funds, chastened by poor results and a wave of redemptions, are striving to become a little more like people in their investment decisions.
Public Mutual income distributions for 3 funds Wednesday, September 1, 2010 @ 6:33PMPUBLIC Bank Bhd's wholly-owned unit, Public Mutual Bhd, has declared income distributions totalling over RM52 million for its three funds for financial year ended August 31 2010.
Funai Electric to Increase LCD TV Output Capacity at Thai Plant Wednesday, September 1, 2010 @ 6:20PMFunai Electric Co., a Japanese maker of audio-visual equipment, plans to increase production capacity for liquid-crystal display televisions by 54 percent at its factory in Thailand amid rising global demand.
Ex-DBS banker Raju named head for DWS Asia Wednesday, September 1, 2010 @ 6:13PMSINGAPORE - Deutsche Bank said on Wednesday its DWS Investments unit has appointed Rajan Raju as CEO for Asia as well as global head, DWS Solutions.
BlackRock California Investment Quality Municipal Trust Inc. Announces Special Distribution Wednesday, September 1, 2010 @ 5:59PMNEW YORK--(BUSINESS WIRE)--BlackRock Advisors, LLC announced today that BlackRock California Investment Quality Municipal Trust Inc. (NYSE Amex:RAA) has declared a special distribution of tax-exempt income. This distribution is inclusive of RAA’s regular September monthly distribution. Additional information is available below. Declaration- 9/1/2010 Ex-Date- 9/13/2010 Record- 9/15/2010 Payable ...
BlackRock California Investment Quality Municipal Trust Inc. Announces Special Distribution Wednesday, September 1, 2010 @ 5:59PMBlackRock Advisors, LLC announced today that BlackRock California Investment Quality Municipal Trust Inc. (NYSE Amex:RAA) has declared a special distribution of tax-exempt income. This distribution is inclusive of RAA’s regular September monthly distribution.
Solon: Summon De Castro to housing mess probe Tuesday, August 31, 2010 @ 3:11AMMANILA, Philippines – Former vice president Noli de Castro should be summoned to a planned congressional inquiry to shed light on an allegedly bogus housing loans financed with government funds, a lawmaker said.
Yuan Deposits in Hong Kong Rose 15.6% in July as Market Opens Tuesday, August 31, 2010 @ 3:08AMYuan deposits in Hong Kong climbed 15.6 percent in July to a record, the biggest gain since April 2008, after China eased restrictions to promote greater use of the currency in global trade and finance.
Muni Bond Funds Losing Tax Breaks (Bond Watch) Tuesday, August 31, 2010 @ 2:43AMTax-free? Muni bond funds could soon come with a nasty state tax bill.
Hong Kong, China stocks fall; Foxconn plunges on H1 losses Tuesday, August 31, 2010 @ 2:02AMHong Kong, China stocks fall; Foxconn plunges on H1 losses
JP Morgan launches funds for Singapore retail investors Tuesday, August 31, 2010 @ 2:02AMSINGAPORE - The asset management arm of JPMorgan Chase and Co launched 21 mutual funds in Singapore's retail market on Tuesday, including one that invests in African equities.
Beladcom to launch the region's first virtual world in partnership with MindArk Tuesday, August 31, 2010 @ 1:58AM31 August 2010 Jordanian game developer Beladcom recently signed a mutual cooperation agreement with the renowned Swedish software company MindArk to create an online virtual world in Entropia Universe.
Indonesia says no bonds exchanged in debt swap Tuesday, August 31, 2010 @ 1:18AM(Adds quotes, background)
DTC: Your dividend income will be taxed Tuesday, August 31, 2010 @ 12:25AMIndividual taxpayers may see a slight dent in their profits earned on investments in mutual funds or life insurers' investment offering.
China funds raise stock weighting, financials shed Tuesday, August 31, 2010 @ 12:05AMSHANGHAI: Mutual funds in China have lifted their recommended allocation to equities to a five-month high, betting on supportive macroeconomic policy, but continued to decrease the proportion of shares in banks and brokerages, the latest monthly Reuters poll of fund managers shows. The funds' suggested equity weightings over the next three months edged up to 81.3 percent on average from last ...
Broadridge Announces Extension of Gloss Solution’s International Multi-Asset Processing Capabilities Tuesday, August 31, 2010 @ 12:05AMLAKE SUCCESS, N.Y.--(BUSINESS WIRE)--Broadridge Financial Solutions, Inc. (NYSE:BR) today announced that it has extended the range of multi-asset processing capabilities of its Gloss international transaction processing solution. This includes post-execution transaction processing for FX forwards, non-deliverable forwards (NDFs) and forward rate agreements (FRAs). Gloss is very well established ...
TCW's Sri-Kumar to Host Conference Call Titled "Double Dip is Here" Monday, August 30, 2010 @ 3:36PMLOS ANGELES, CA--(Marketwire - August 30, 2010) - The TCW Group, Inc., invites you to participate in a conference call on Wednesday, September 1, with Komal Sri-Kumar, TCW's Chief Global Strategist and Portfolio Manager of the TCW Asset Allocation Funds. The title of Dr. Sri-Kumar's presentation is "Double Dip is Here!"
TCW's Sri-Kumar to Host Conference Call Titled "Double Dip is Here" Monday, August 30, 2010 @ 3:27PMLOS ANGELES, CA--(Marketwire - 08/30/10) - The TCW Group, Inc., invites you to participate in a conference call on Wednesday, September 1, with Komal Sri-Kumar, TCW's Chief Global Strategist and Portfolio Manager of the TCW Asset Allocation Funds. The title of Dr. Sri-Kumar's presentation is "Double Dip is Here!" Dr. Sri-Kumar, who holds a Ph.D. in economics from Columbia University, has long ...
Bill deals body blow to mutual fund dividends Monday, August 30, 2010 @ 3:22PMMumbai, Aug. 30: Retail investors in stocks may have a lot to cheer about but risk-averse people who prefer to park their money in dividend-yielding equity mutual funds may be forced to scout about for alternative options before the direct tax bill comes into effect by April 1, 2012.
Investors Embrace Bear Market Funds Monday, August 30, 2010 @ 3:14PMDespite warnings by some experts, funds that try to profit from a falling stock market are an increasingly popular choice for investors
Bogus borrowers bought houses Monday, August 30, 2010 @ 2:41PMThe housing projects of Globe Asiatique Realty Holdings Corp. in Bacolor, Mabalacat and Angeles City in Pampanga appear to have been funded by Pag-IBIG loans taken out by the developer on behalf of people who were clueless that they were availing themselves of the loans.
Highland Funds Announces Posting of Webcast: Highland All Cap Equity Value Fund 2Q10 Update Monday, August 30, 2010 @ 2:36PMDALLAS--(BUSINESS WIRE)--Highland Funds Announces Posting of Webcast: Highland All Cap Equity Value Fund 2Q10 Update
Heartland Advisors, Inc. Named a “Top Milwaukee Workplace” by The Business Journal Monday, August 30, 2010 @ 2:35PMMILWAUKEE--(BUSINESS WIRE)--Heartland Advisors, Inc. named a “Top Milwaukee Workplace” by The Business Journal
Highland Funds Announces Posting of Webcast: Highland All Cap Equity Value Fund 2Q10 Update Monday, August 30, 2010 @ 2:33PMDALLAS----Highland Capital Management, L.P. is pleased to announce the availability of an informative webcast consisting of the Highland All Cap Equity Value Fund’s 2nd Quarter 2010 update.
Heartland Advisors, Inc. Named a "Top Milwaukee Workplace" by The Business Journal Monday, August 30, 2010 @ 2:27PMMILWAUKEE----Heartland Advisors, Inc., an investment management firm dedicated to value investing, has been recognized as a “Top Milwaukee Workplace” by The Business Journal. The firm is one of 29 small companies with less than 100 employees to receive this recognition.
Joint accounts with your children raise asset issues Monday, August 30, 2010 @ 2:38AMDear Attorney Tully: My family has used your services in the past and will if we ever need them again. I was hoping that you could pass along the advice that you gave our family that joint accounts with adult children are not protected assets and how the adult children have to be careful of what they are signing on behalf of their parents. In our case, a financial planner told our parents that ...
Investors, beware: ‘Absolute return’ can mean loss Monday, August 30, 2010 @ 2:06AMBOSTON — Absolute return funds sound like they would stand above criticism. They’re the mutual fund industry’s latest push to deliver modest, but steady, gains whether stocks are up or down.
Taiwan "saviour" says lining up AIG unit bid Monday, August 30, 2010 @ 2:02AMTAIPEI - A former Taiwanese diplomat who says he wants to "save" American International Group's AIG.N Taiwan unit from being bought by a Chinese firm is lining up a $2.5 billion bid with Japanese and Middle Eastern money.
New rules will bring buried 401(k) fees to light Monday, August 30, 2010 @ 12:50AMAlthough workers have not been receiving itemized bills for fees they pay in their 401(k) retirement plans, those hidden costs may be chipping away at the growth of their nest eggs.
Dear Abby: She wants her old gal pal to fly in for a visit - without the boorish husband Monday, August 30, 2010 @ 12:29AMDEAR ABBY: I have a good friend, "Nina," whom I have known more than 35 years. I relocated 1,500 miles from her recently, and would like to invite her to visit me. The problem is, I want her to come alone. My husband and I have no desire to entertain her husband, "Sam."
Ask The Fool Monday, August 30, 2010 @ 12:29AMWhat are the world's biggest brands?
Taiwan "savior" says lining up AIG unit bid Monday, August 30, 2010 @ 12:27AMTAIPEI (Reuters) - A former Taiwanese diplomat who says he wants to "save" American International Group's Taiwan unit from being bought by a Chinese firm is lining up a $2.5 billion bid with Japanese and Middle Eastern money.
L.A. City Officials May Write Off Mutual Fund Tax Monday, August 30, 2010 @ 12:13AMLos Angeles city officials are considering cutting or even eliminating business taxes on mutual funds.