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A small group of market wonks is planning a trading platform targeting a category of investors they say has been overlooked by traditional stock exchanges: mutual-fund managers.
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Long-term mutual funds had estimated inflows of $3.9 billion in the latest week as investors added more money to bond and hybrid funds, while U.S. stocks continued to decline, the Investment Company Institute said.
Despite years of warnings about the dangers of "leveraged" exchange-traded mutual funds, many small investors—and, apparently, some investment professionals—may still not be getting the message.
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WASHINGTON—Federal regulators are increasingly worried that the Securities and Exchange Commission could fail to complete more-stringent rules on money-market mutual funds, forcing officials to confront how else to rein in the $2.6 trillion ...
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Artio Global Investors Inc. went public in September 2009 in an offering that raised $650 million and netted two top company executives $29.5 million each.
BOSTON (MarketWatch) — For the majority of mutual fund investors, the less they know or hear about the fund’s board of directors, the better. After all, what they really want is for the manager to do the job, and the board to stay largely ...
To attract more parents to college-savings plans, states are making a new round of changes to deliver lower-cost, better-performing investments.
BOSTON (MarketWatch) — Two new studies show that mutual fund investors paid less, on average, for their funds last year, continuing a long, slow trend.
Bad ideas can get investors into trouble. So can good ideas that morph into bad ones. Ever since they were introduced in the U.S. in 1993, exchange-traded funds—those bundles of stocks, bonds or other assets that offer the diversification of ...
Thanks to a little-noticed provision tucked into the just-signed jobs bill, hedge funds may soon be making a bold move into marketing—and the mainstream.
Q: How can one invest in bank loans ? Are there mutual funds or ETFs that invest in the area? A: As the economy improves, investors have shifted to riskier investments, such as stocks and junk bonds. Lately, more have taken an interest in ...
Investors are caught between the fear of another stock market crash and the punishingly low yields on safe havens like Treasurys. "Long-short" mutual funds, which bet for and against stocks at the same time, offer ways to seek profits, ...
BOSTON (MarketWatch) — As mutual fund investors put the finishing touches on their tax returns for 2011, they should also give up hope that the confusing, complex way funds are taxed will get better anytime soon.
Bill Gross, the co-chief investment officer and founder of Pacific Investment Management Co., recently pulled off an unusual feat: He beat his own performance.
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Long-term mutual funds had estimated net inflows of $6.48 billion in the latest week as investors added money to hybrid, bond and foreign equities, while domestic equity funds saw the sharpest outflow so far this year, according to the ...
BOSTON (MarketWatch) — One reason investors buy mutual funds is for exposure to big names and hot stocks. Nowadays you can’t get any bigger and hotter than Apple Inc.
BOSTON (MarketWatch) — No one speaks out against human rights. And it’s not a great idea to invest in companies associated with countries or regimes tied to serious human-rights violations. But the new iShares Human Rights Index fund needs ...
Selling a stock or a mutual fund is getting a lot more complicated. New tax rules are changing how your brokers report sales of stocks, exchange-traded funds and mutual funds to the Internal Revenue Service and could deny you the full tax ...
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Long-term mutual funds had estimated net inflows of $6.4 billion in the latest week, as bond and hybrid funds continued to receive a boost, according to the Investment Company Institute.
LONG BEACH, Calif. (MarketWatch) — If you’re considering buying an energy fund, chances are it’s for one of two reasons: Either you think the global economy is going to experience healthy growth, especially in the developing world, raising ...
Sooner or later, the markets always punish investors who do the right thing for the wrong reason. Some investors in dividend-oriented stock funds might end up learning that lesson the hard way.
Big brokerage firms are finding it difficult to raise fees on their clients who buy mutual funds. So some brokers are turning to a different source for higher fees: the mutual-fund companies themselves.
The track records of target-date mutual funds for retirement got a double boost lately. They benefited from the stock market's powerful start to 2012, with the Standard & Poor's 500-stock index rising 12% in the three months through ...
Who needs mutual funds, anyway? Taking a page from individual investors, many financial advisers are giving up on actively managed funds in their quest to beat the market.
MIAMI BEACH, Fla.—Ask Thomas J. Herzfeld about Cuba, and the usually low-key money manager launches into a sermon he has delivered many times.
BOSTON (MarketWatch) — When a mutual fund trades at its all-time high, it means the manager has the right stuff, proven by the fact that every single shareholder is in the black.
Before you load up on junk, give it the sniff test, so you don't end up with a smelly surprise. So far this year, mutual funds and exchange-traded funds investing in high-yield, or "junk," bonds have taken in more than $17 ...
Presidential candidate Mitt Romney has gotten lots of attention for holding as much as $100 million in his individual retirement account. Less well known is that the account is also chockablock with complex private partnerships rather than ...
BOSTON (MarketWatch) — Mutual funds mark anniversaries to forget the past, not to celebrate it. With the three-year anniversary of the U.S. stock market’s bottom during the 2008-09 financial crisis passing last week, fund firms have a lot to ...
BOSTON (MarketWatch) — Mutual fund sponsors are using a popular type of offering to prop up sibling funds that are struggling, at a cost to investors, according to controversial new research.
BOSTON (MarketWatch) — No one mourns the loss of a mutual fund, but investors should not ignore for whom the bell tolls. Counting all share classes, the mutual fund industry killed off about 1,300 of its laggards, stragglers and strugglers ...
LONG BEACH, Calif. (MarketWatch) — One advantage exchange-traded funds have over traditional mutual funds is they can be traded throughout the day.
BOSTON (MarketWatch) — I was surprised this week to read that exchange-traded funds are “still popular despite not making money.” Mostly, I was stunned by how the article, at InstitutionalInvestor.com, twisted numbers and logic to come up ...
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Long-term mutual funds had estimated net outflows of $5.59 billion in the latest week, as withdrawals from stock funds outpaced increases in bond and hybrid funds, according to the Investment Company Institute.
Cash poured into mutual funds during the first week of February at the fastest pace in nearly two years, according to data from the Investment Company Institute, a trade group.
More than 50 mutual funds say they own shares of the closely held social-media giant Facebook, according to investment-research firm Morningstar. And some closed-end funds are investing the bulk of their portfolios in private firms, ...
BOSTON (MarketWatch) — My wife Susan walked into my office recently with a mutual fund annual report in her hand and a concerned look on her face.
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Investors put a net $823 million into long-term mutual funds in the latest week, as increases in bonds and hybrid funds more than offset continued withdrawals from equities, according to the Investment Company Institute.
BOSTON — Investing a bit in mutual funds is a bit like running a pro football team. Everything is fine if you make the playoffs or see the progress you expected, but if a season ends and the numbers are ugly, you want to fire the coach.
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Long-term mutual funds had estimated net inflows of $11.9 billion in the latest week as investors again added money across the board, according to the Investment Company Institute.
Purveyors of actively managed mutual funds say their strong performance and flexibility warrant the higher fees they charge. But when markets are moving sideways for long periods, fees take on even more importance.
BOSTON (MarketWatch) — Whether Facebook is the next great stock or a horrible bust — and it seems like most opinions fall into one of those two extremes — the question many investors will have after the company’s initial public offering is ...
The Standard & Poor's 500-stock index shot 7% higher this past week after plunging nearly 5% the week before. Investors are left wondering whether to cheer or cringe.
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Long-term mutual funds had estimated net inflows of $625 million in the latest week, thanks to interest in bond funds, said the Investment Company Institute.
BOSTON (MarketWatch) — Dear Fund Industry Bigwigs: The last few years have shown that mutual funds are always capable of taking but seldom in the mood for giving. Shareholders deserve better — especially around the holidays.
BOSTON (MarketWatch) — My sister Carole runs a small franchise business and recently started a retirement plan for her employees. She asked me to review the mutual fund choices she could offer.
They were supposed to be the ultimate weapon for turbulent times: mutual funds with the freedom to buy any assets they want, anywhere in the world. But as investors have flocked to so-called go-anywhere funds this year, many have gone ...
CHICAGO (MarketWatch) — Market predictions are difficult in the best of times. Targeting bond fund prospects as Europe squirms to escape from its debt crisis and the Federal Reserve waffles over additional economic stimulus is a formidable ...
BOSTON — The Danish physicist Niels Bohr gets credit for first noting that “Prediction is very difficult, especially if it’s about the future.”
BOSTON (MarketWatch) — Mutual fund investors have taken their lumps in the market this year. Now it’s time to dish some out. It’s the 16th annual Lump of Coal Awards, my two-week holiday tradition of easing Santa’s burden by pointing out the ...
Investing is supposed to be how you build wealth, but sometimes it feels like you need to have money to make money. Bank of America Merrill Lynch is discouraging its brokers from taking on accounts smaller than $250,000. Even mutual funds, ...
Short-term savings yields won't make anyone rich these days. But investors can pick up some extra cash—and get a little added safety—by switching from money-market funds offered by investment companies to money-market accounts held at ...
After a miserable 2011, mutual funds have gotten off to a great start this year—but not for the reason many managers cite. Last year, just 23% beat their relative benchmark, according to investment-research firm Morningstar—their worst ...
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NEW YORK—Axel Merk, who oversees about $700 million in currency strategies, expects the dollar to keep weakening for some time, and not by accident.
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Investors withdrew a record $3.43 billion from mutual funds that focus on high-yield bonds in the week ended Wednesday, according to Lipper, a unit of Thomson Reuters Corp.
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As European and American policy makers scramble to avert debt crises, money-market mutual funds are reducing risk and boosting their cash holdings in an effort to prepare for a wave of investor redemptions.
Retirees can't catch a break these days. As if rock-bottom interest rates and a lousy stock market weren't bad enough, even many mutual funds touted as providing retirement income aren't offering much in the way of attractive ...
How will 401(k) investors react to the latest blast of volatility in the markets? If the recent past is any guide, they will retreat into the apparent safety of cash, Treasury bonds and "stable value" mutual funds.
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The Investment Company Institute's board selected Gregory Johnson, chief executive of Franklin Resources Inc., to serve as the organization's chairman for a one-year term.
Amid a rocky few years for U.S. stocks, investors have poured billions of dollars into "alternative" mutual funds, which employ strategies used by hedge funds to protect against stock-market declines while still providing growth.
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NEW YORK—The U.S. government's heavy borrowing has significantly altered the complexion of the U.S. bond market and, with it, the holdings of mutual funds that hew to bond indexes.
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Long-term mutual funds had estimated outflows of $4.5 billion in the latest week, as investors pulled more money from U.S. and foreign equity funds, according to the Investment Company Institute.
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NEW YORK—Mutual-fund companies said Monday they won't be forced to sell securities as a result of Standard & Poor's downgrade to U.S. government debt, but said the magnitude of the downgrade's ripple effects across the ...
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Starting a week ago, Jody Young, a managing partner of wealth-advisory firm Atlanta Capital Group, began selling his clients' equities—first European stocks, then moving to domestic small caps, and finally, mutual funds. By Thursday, ...
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Long-term mutual funds had estimated inflows of $2.47 billion in the latest week, as investors again added cash to bond and hybrid funds, offsetting another decline for U.S. equities, according to the Investment Company Institute.
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With a market capitalization of more than $340 billion, Apple Inc.'s stock is widely held not only by individuals, but also by mutual funds—including technology funds, growth funds and those that track the Standard & Poor's ...
BOSTON (MarketWatch) — One of the hottest investment concepts of the heady Internet bubble days is about to be laid to rest. Van Eck Global and Bank of America Corp. (BAC, US) unit Merrill Lynch & Co. recently entered into an agreement ...
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Slow economic growth. Whipsawing volatility. In an environment like this, it is little wonder investors are piling into stocks with steady dividend payments.
As investors are putting their retirement savings into so-called self-directed individual retirement accounts, complaints about fraud in these accounts are on the rise, securities regulators say, and investors should carefully consider the ...
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Long-term mutual funds had estimated buying of $7.31 billion in the latest week. That represented significant investment in bonds and foreign equity funds, which offset outflows from domestic equities, according to the Investment Company ...
High-yield bonds just suffered through their worst losing streak since 2008. It may be time for investors to buy. The Barclays Capital U.S. High-Yield Bond Total Return index dropped for 13 consecutive days ending June 20, losing a total of ...
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When four well-known U.S. mutual funds invested $450 million in Groupon Inc. last December, it looked as though they might reap a windfall when the online discount-deal service went public.
BOSTON (MarketWatch) — Steven Leuthold likes growing potatoes and sponsoring a sled-dog team in Alaska. He likes being out-of-step with the herd, and he likes his stock market indicators and hand-drawn investment charts.
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Long-term mutual funds had estimated outflows of $40.29 billion in the latest week, by far the sharpest outflow reported this year, as investors pulled money from each fund category, according to the Investment Company Institute.
Long-term mutual funds had estimated inflows of $2.13 billion in the latest week as investors added money to bond, hybrid and foreign equity funds, offsetting a decline from U.S. equity funds, according to the Investment Company Institute.
Money exited from long-term mutual funds for the third consecutive week, as investors pulled cash from equities and added to bonds and hybrid funds, according to estimates from the Investment Company Institute.
They're sexy, alluring, and dangerous—and during market rallies they're the place to be. But investors who pile into so-called high-beta stocks now should be extra careful not to fall into a "beta trap."
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Money-market mutual funds, those havens of safety for investors during tumultuous times, are facing their own pressures as interest rates continue to decline.
What's the difference between a hero and a goat? Just ask Bill Miller. The once-revered mutual fund manager announced Thursday that he will step down in April as lead manager of the Legg Mason Capital Management Value Trust. In a ...
It isn't a secret that finding a winning mutual fund has gotten tougher. Now it is getting more confusing, too. Investment-research firm Morningstar this week rolled out new forward-looking mutual fund "analyst ratings" that ...
FINANCIAL/RETIREMENT PLANNING Asset-allocation worksheet Net worth calculator Retirement worksheet 401(k) planner 401(k) contribution calculator Get the latest rates on IRA CDs, money-market and savings accounts at our Rate Center from ...
It's often said that the best defense is a good offense. Unfortunately, when it comes to mutual funds, many have developed an unpleasant reputation for not protecting shareholders in tough times.
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NEW DELHI – India Monday allowed foreign individual investors to buy local mutual fund units in equity schemes, a senior official at the finance ministry said, as Asia's third-largest economy seeks to attract overseas capital and widen ...
You wouldn't want to make a loan to someone without knowing what you will earn on the loan. But if you own mutual funds or exchange-traded funds, you might be doing exactly that.
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WASHINGTON—A divided Supreme Court on Monday blocked an investor lawsuit against Janus Capital Group Inc. that alleged the company made false statements in some Janus mutual fund prospectuses.
With economic growth at a standstill, Europe a financial disaster area and the U.S. stock market tanking, who better to turn to for advice than John C. Bogle?
BOSTON (MarketWatch) — Suppose you could be one of the first investors into a new mutual fund by one of the greatest money managers of the past two decades. Sounds great. But what if that manager’s specialty is an area of the stock market ...
Taking a loss is hard to take. But avoiding a loss can be much worse. U.S. stocks have lost some $4 trillion since their peak in October 2007, but investors aren't fleeing the market en masse. So far this year, according to ...
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As the debit-ceiling debate rages on, there are signs of strain in the municipal-bond market. While there's no reason for panic, say advisers and money managers, investors would be wise to think defensively and be ready to make a move ...
Many people are up in arms over Bank of America's $5 monthly fee for some debit cards. But bank fees are small compared with the fees mutual-fund companies charge investors—even after the meteoric rise of cheaper exchange-traded funds.
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NEW DELHI -- Coal India Ltd., which has cash reserves of about 430 billion rupees ($9.6 billion), plans to invest up to 10 billion rupees ($223.3 million) in mutual funds this year as part of a new strategy to get better returns on its ...
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In markets dominated by speed, a new idea is gaining traction: slowing down. Hedge funds, mutual funds and other big investors have been looking for ways to fight back against the powerful computer systems used by so-called high-frequency ...
BOSTON (MarketWatch) — Conventional investment wisdom for at least the last half century has been simple: Use stocks for growth and bonds for income.
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As Greece slips closer to default, some U.S. regulators and lawmakers are concerned about money-market mutual funds' exposure to European banks.
BOSTON (MarketWatch) — For a long time now, plenty of investors have been proud to own the American Funds, where they have typically gotten above-average long-term results for below-average costs.
Scan the list of the worst-performing mutual funds of 2011, and you will run across a slew of formerly highflying fund managers whose picks have crashed and burned.
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U.S. money-market funds would be required to hold capital buffers like banks to pay out to investors in a crisis, under a proposal being considered by federal regulators.
Investment-research firm Morningstar Inc. on Tuesday unveiled a forward-looking ranking system for mutual funds to supplement the company's closely watched one- to five-star ratings.
SAN FRANCISCO (MarketWatch) — This was supposed to be another fruitful year for U.S. stocks. So far, not so good. Now, after enduring a summer-long market drought and geopolitical wildfires, investors in equity mutual funds and ...
Fund managers have had more success beating the S&P 500 over the long term than the short term. Here are the top 20 actively-managed large-cap mutual funds over 10 years through June 28, 2011, according to Morningstar.

Ask the right questions before you hand over your money
A balanced portfolio can have a bigger impact on long-term performance than individual stock picking
Investing for retirement is more complicated than opening an IRA or maxing out your 401(k)
When choosing a stock mutual fund, consider performance, manager track record and cost before investing.
Even in times of interest rate uncertainty, a certificate of deposit (CD) can still be part of your cash strategy.
A new wedding trend trades "walking down the aisle" for a walk on the wild side.
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