Investors poured $11.05 billion into mutual funds for the one-week period ended July 22, according to the ICI.
Although affluent and millionaire investors may be more optimistic about the economy, they are still not confident about the stock market, according to a survey released today by Phoenix Marketing International of Rhinebeck, N.Y.
Power Play Research today launched the Power Play Global Solar Energy Index (PPGSEI), which will record the performance of more than 50 solar energy companies in developed countries worldwide.
In a move to raise awareness about transparency in green investing, Boston-based Green Century Capital Management Inc. today announced the results of a carbon analysis of one of its mutual funds.
Despite the superior performance of fixed-income assets recently, an all-bond asset allocation is unlikely to deliver investors the returns they need in the future, according to analysis released by Ibbotson Associates, the research division of Morningstar Inc. of Chicago.
According to a survey from Fidelity Investments, a huge percentage of financial advisers — 84% — had dealt with a client who suffered from Alzheimer's disease, and 96% of those surveyed didn't feel fully prepared to assist clients suffering from the disease.
The market's decline is taking its toll on mutual funds.
Confidence among U.S. consumers this month fell to the lowest level since March, according to the Reuters/University of Michigan preliminary index of consumer sentiment.
Shareholders of 13 Fidelity funds will vote next week on a non-binding resolution that asks the funds' boards of trustees to establish a policy of so-called genocide-free investing.
Private-equity firms continue to struggle to raise funds as the recession wears on, according to a report today in the Dow Jones Private Equity Analyst newsletter.
