Mutual Funds

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INVESTING MUTUAL FUNDS JUN 05, 2011
Malcolm R. Fobes III: A growth manager who's had his ups and downs

Long tenure is fairly unusual among managers of growth mutual funds

INVESTING MUTUAL FUNDS JUN 05, 2011
Brian Barish: Small portfolio keeps him focused on winners

Brian Barish is known for his ability to talk in depth about the stocks in his portfolios, often strictly from memory

INVESTING MUTUAL FUNDS JUN 05, 2011
Malcolm Gissen: When selecting stocks, he knows no boundaries

When Malcolm Gissen explores a potential investment, sometimes an ambulance accompanies him

INVESTING MUTUAL FUNDS JUN 05, 2011
Funds friends like

When it comes to the most-effective use of social media by asset management companies, The Vanguard Group Inc. and Fidelity Investments probably can claim more “likes” than any of their peers

INVESTING MUTUAL FUNDS JUN 05, 2011
Michael Walls: Going against the grain has reaped strong returns

Michael Walls studiously avoids doing what everyone else does

INVESTING MUTUAL FUNDS JUN 05, 2011
Sharat Shroff: All India, all the time not for the faint of heart

If one can make the case for investing in a dedicated India fund, then the Matthews India Investor Fund (MINDX), managed by Sharat Shroff, might be a good one to pick

INVESTING MUTUAL FUNDS JUN 05, 2011
A. Douglas Rao: Launched for insiders, fund's an outperformer

The Marsico Flexible Capital Fund was, in part, born of necessity

Morningstar exec Laura Lutton: Stick with cheaper funds
INVESTING MUTUAL FUNDS JUN 03, 2011
Morningstar exec Laura Lutton: Stick with cheaper funds

Managers who charge higher expenses take more chances to make up the difference, says Laura Lutton

12(b)-1 ruling eases fund firms', B-Ds' worries — for now
INVESTING MUTUAL FUNDS JUN 01, 2011
12(b)-1 ruling eases fund firms', B-Ds' worries — for now

A federal judge dismissed a suit claiming brokers are investment advisers because they receive marketing fees. But the decision is likely to be appealed. So what's at stake? A reversal in the decision could cost fund companies billions -- and force brokers to dually register.

INVESTING MUTUAL FUNDS JUN 01, 2011
New CEO for Evergreen Investments

Peter Cieszko, current president of global distribution, will be named to the position, replacing Dennis Ferro.

Six percent on checking? It's a 'slam-dunk' for yield seekers
INVESTING MUTUAL FUNDS MAY 31, 2011
Six percent on checking? It's a 'slam-dunk' for yield seekers

Yield-seekers take note: a survey by Bankrate found dozens of financial instutions that offer accounts with extremely high interest rates. And no, they're not jumbos.

INVESTING MUTUAL FUNDS MAY 29, 2011
Legg Mason's woes raise doubts about future

Given the continuing exodus of its sales executives, struggles with fund outflows and an unexpected $74 million in compensation-related expenses disclosed this month, Legg Mason Inc. has many doubting that it will hit its goal of increasing operating margins to 30% by early next year

INVESTING MUTUAL FUNDS MAY 25, 2011
Absolute-return funds raise questions of risk

New fund from 361 Capital is built to ride out volatility
INVESTING ALTERNATIVES MAY 25, 2011
New fund from 361 Capital is built to ride out volatility

Hedging the risks of the stock market means taking the stock market out of the equation for Tom Florence, manager of the 361 Absolute Alpha Fund.

INVESTING MUTUAL FUNDS MAY 25, 2011
Whistle-blower rule is winning few fans

Mutual fund companies are bracing for the expected passage this month of a proposed Securities and Exchange Commission rule that they say would completely undermine their internal compliance processes

FBR cuts ratings on Franklin Resources, Legg Mason
INVESTING MUTUAL FUNDS MAY 24, 2011
FBR cuts ratings on Franklin Resources, Legg Mason

Fund firms' reliance on faltering fixed-income sector a concern, analyst says

In bond investing, it pays to be an individualist
INVESTING MUTUAL FUNDS MAY 23, 2011
In bond investing, it pays to be an individualist

With almost no place for interest rates to go but up, the distinction between individual bonds and mutual funds that invest in bonds is becoming increasingly important.

INVESTING MUTUAL FUNDS MAY 23, 2011
Upbeat asset managers step up sales hiring

Mutual fund companies are beefing up their sales departments, a sure sign of optimism in an industry that was hit hard by the financial downturn

INVESTING MUTUAL FUNDS MAY 23, 2011
Top 10 muni funds with non-rated bonds

INVESTING MUTUAL FUNDS MAY 23, 2011
Nuveen, Prudential prep for new fund launches

Nuveen Investments Inc., the asset manager owned by Madison Dearborn Partners LLC, plans to start a fund to buy corporate debt, the firm said in a prospectus filed today with the U.S. Securities and Exchange Commission.