Mutual Funds news from FierceFinance
NewsMutual funds endure a rough yearHedge funds had a rough year in 2011. The average fund fell 4 to 5 percent, which qualifies the year as a real stinker. Mutual funds did not fare much better.The 8,000 plus U.S. diversified equity Read more...Bill Miller to step down, cede control of flagship fund
The term "legendary" is often used to describe Bill Miller, the esteemed value investor who gained fame for beating the S&P 500 index 15 years in a row at the height of his success. That streak Read more...
Morgan Stanley settles with SEC on subadvisor fees
Fund fee arrangements have been in the crosshairs of the SEC's Enforcement Division Asset Management Unit, which has just settled an interesting case with Morgan Stanley Investment Management, which Read more...
Market structure issues have retail investors leery of stock market
The conventional wisdom since the financial crisis of 2008 and 2009 has been that retail investors are staying out of the equity markets in part because they no longer trust that it is giving them a Read more...
Gundlach trail end with mixed verdict
The normally genteel world of mutual funds was shaken by the courtroom showdown pitting star fixed income manager Jeffrey Gundlach against his former employer Trust Company of the West. The decision Read more...
Volume drought ends, but good times aren't back
Is a crash the answer to the volume recession on Wall Street? To a certain extent, the fortunes of top banks are mirrored not only by the major stock indexes, but also the volume and volatility Read more...
Star manager Gundlach accused of stealing data, technology
We've seen some interesting cases recently of employees facing charges that they stole proprietary data in order to start a company or to help them in a new job. One high profile case was that of Read more...
Bill Miller lags index again in 2011
Bill Miller's record since 2006--the end of his phenomenal 15-year run of beating the S&P 500--has been somewhat spotty. He's had good years (2009), bad years (2008), and some mediocre years. Read more...
Pay plans getting less support on Wall Street
To some people, Wall Street executive compensation has gone back to business as usual now that the financial crisis has waned. But there are subtle signs that shareholders are less willing to support Read more...
Reverse split at Citigroup may have unintended consequences
We noted the other day that the Citi reverse stock split was a huge moment for high-frequency traders, which had feasted on the stock back when it hovered around $5 a share. These traders generated Read more...
| Press ReleasesWhitebox Advisors Launch Innovative Alternative Mutual FundsWhitebox Mutual Funds will offer retail investors access to hedge fund infrastructureMINNEAPOLIS, Jan. 10, 2012 /PRNewswire/ -- Whitebox Advisors, a $2+ billion investment advisor based in Read more >> Ranger Enters the Mutual Fund Marketplace with the Launch of Two New FundsNew Small Cap and Quest for Income and Growth Mutual Funds Expand Ranger’s Institutional Product Offerings DALLAS--(BUSINESS WIRE)-- Ranger Capital Group, a platform for a number of Read more >> Fitch Affirms Virtus Insight Money Market Fund at 'AAAmmf'CHICAGO--(BUSINESS WIRE)-- Fitch Ratings has affirmed Virtus Insight Money Market Fund, a prime money market fund sponsored by Virtus Investment Partners, Inc. (NASDAQ: VRTS) and managed by Harris Read more >> Aston Expands Hybrid Wholesaler Model and Adds to Internal Sales DeskCHICAGO, Jan. 9, 2012 /PRNewswire/ -- Aston Asset Management, LP (Aston) is pleased to announce that it will expand its hybrid wholesaler program and add two internal sales desk positions. The Read more >> W.E. Donoghue Research Report: Potential For High Yields Exist Amid Impending Interest Rate IncreasesNew Report Focuses on Proven Investment Strategies to Generate Returns During Volatile MarketsNORWOOD, Mass., Jan. 9, 2012 /PRNewswire/ -- W.E. Donoghue & Co., Inc. (W.E. Donoghue), a provider of Read more >> |
