investors will likely continue to yank assets from mutual funds, more funds will close, and fund launches will come to a crawl this year, according to analysts.
Mutual fund liquidations could reach record levels in 2009 as assets decline and fund management companies trim overhead.
As the art world's next major round of auctions begins this month, buyers and sellers will encounter a market as depressed as that for stocks and real estate.
Employees who were recently laid off won't find a lot of advice from mutual fund companies about what they should do with their cash.
For many advisory practices, the technology focus will be making do with smaller budgets — and doing more with existing technology.
Even in the best economic environment, you are not likely to see the <b>Aim Charter Fund </b>(CHTRX) hitting the top of most performance charts.
The volume of residential mortgage applications was essentially unchanged for the week ended Dec. 26, even as the interest rates charged on mortgages continued to decline, according to data from the Mortgage Bankers Association of Washington.
Hedge fund GLG Partners yesterday announced that it will temporarily stop paying a quarterly dividend.
First time jobless claims fell by 94,000 for the week ended Dec. 27, the Department of Labor reported today.
