Money flowing into municipal bond mutual funds more than doubled to $420 million in the week ended Oct. 20, according to Lipper FMI, a mutual fund research firm.
Economy, high correlation force fund managers to look beyond fundamentals; 'the world is a riskier place'
Advisers seek out 'pockets of opportunity' for high-net-worth investors; the bonds from Brazil
Municipal-bond issuers, whose default rate slowed this year, may face more failures in 2011 as federal economic-stimulus aid declines and budget pressures jeopardize debt payments, said Richard Lehmann, publisher of Distressed Debt Securities Newsletter.
It's been a busy few months for The Hartford Financial Services Group Inc.
The next stage of the market rally will likely favor high-quality stocks, according to Scott Thompson, manager of the Aston/Montag & Caldwell Mid Cap Growth Fund Ticker:(AMCMX).
Meanwhile, manager of world's biggest bond fund reduces exposure to government debt
Lamco Advisory Services Inc. will be the first independent advisory firm to start allocating client assets to an ETF option overlay strategy managed by MDE Group Inc.
Bond fund giant's $56B in new funds almost four times what BlackRock took in; 'buildup of a new bubble'
Government check-writing also the likely end of 30-year bull run in debt market, says bond king
