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A mutual fund is an investment company that sells shares and invests the proceeds in a portfolio of securities. These securities include stocks, bond, cash, or other asset classes.
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> Live Mutual Funds News... |
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Robert Loest Of Integrity Mutual Funds: "I Dont Think Any Up
Tue, 18 Nov 2008 17:04:00 GMT
(RTTNews) - In an interview with RTT News, Robert Loest, senior portfolio manager at Integrity Mutual Funds says it is a 'good sign' that the market is bouncing back after a third retest of the October lows. Loest expects a 'powerful technical rally' in more...
Nasdaq
Some Funds Ride Japan to the Bottom
Tue, 18 Nov 2008 19:34:00 GMT
Hindsight is often 20-20, but some mistakes look too obvious to brush off. Take, for instance, the romance many mutual fund managers began with Japan this year and continued as late as the third quarter despite earlier signs of trouble. Bargain-oriented more...
Smart Money
Quest Opportunity Value Is a Port in a Storm
Tue, 18 Nov 2008 11:38:00 GMT
EMMANUEL FERREIRA ISN'T EASILY FAZED. In 1988, he was a U.S. Navy antisubmarine specialist on the USS Yorktown in the Black Sea when it was rammed by a Soviet destroyer. His presence on a ship with hull damage during one of the final Cold War skirmishes more...
Smart Money
Plunging stocks lead to start of layoffs at mutual funds
Mon, 17 Nov 2008 02:58:00 GMT
The long knives are coming out in the mutual fund industry. Faced with a soul-searing bear market and record outflows, funds are starting to lay off workers. And, although few have been sent packing lately, many mutual fund managers will be scanning the more...
USA Today
Putnam Ends Mutual Fund Manager Teams
Mon, 17 Nov 2008 19:05:00 GMT
The Larry Lasser era has officially ended at Putnam Investments. Sure, Lasser left Boston-based Putnam way back in 2003. But the team-based mutual fund manager system he championed ended today with news that Putnam is restructuring its equity unit and more...
BusinessWeek
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