Investing

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MUTUAL FUNDS SEP 06, 2009
Emerging-markets bonds will outperform other fixed-income categories, experts predict

If the bull market in bonds is coming to an end, emerging markets may be one place where fixed-income investors can take refuge.

By David Hoffman
FIXED INCOME SEP 06, 2009
Heavy government borrowing, inflationary policies to cut bond prices

The three-decade overall bull market in bonds is dead — and though there are opportunities in some corporate and emerging-markets bonds, the easy money has been made.

By Dan Jamieson
MUTUAL FUNDS SEP 04, 2009
ICI backs Gartenberg standard on fees in Supreme Court case

The Investment Company Institute filed a brief yesterday urging the U.S. Supreme Court to endorse the longtime Gartenberg standard for evaluating claims that a mutual fund's investment advisers have received excessive compensation.

By Bloomberg
ETFS SEP 04, 2009
Jefferies, Manulife venture into the ETF market

Two major financial services firms — an investment banking company and a an insurer — have revealed their intentions to get into the exchange-traded fund business.

By David Hoffman
MUTUAL FUNDS SEP 04, 2009
Floating NAV for money market funds is not seaworthy, critics say

Industry watchers are skeptical of plans by DWS Investments to launch a money market fund that does not seek to maintain a stable share price of $1.

By David Hoffman
ALTERNATIVES SEP 03, 2009
Got alts? Rydex rolls out alternative investment site for advisers

Rydex SGI has taken its alternative investment message to a new medium with the launch of a new website, <a hef=http://www.GetAlts.com>GetAlts.com</a>.

By Jeff Benjamin
MUTUAL FUNDS SEP 02, 2009
Trust banks' growing use of outside investment products is boon to mutual fund industry, report finds

A growing trend toward the use of more outside investment products by trust banks could present a broader distribution opportunity for the mutual fund industry, according to the latest research from Cerulli &amp; Associates Inc.

By Jeff Benjamin
ESG SEP 02, 2009
American Funds shareholders to vote on anti-genocide resolution

For the first time, American Funds shareholders will be voting this fall on whether to ask the boards of directors of 16 funds to institute a divestment policy against companies that do business in countries where genocide and crimes against humanity have occurred.

By Sue Asci
FIXED INCOME SEP 02, 2009
Investors bail out of stocks, move into Treasurys

Treasury prices mostly extended their gains yesterday as investors sought the safety of government debt amid a big sell-off in stocks.

By Bloomberg
ETFS SEP 02, 2009
Regulators impose new limits on leveraged ETFs

Regulators are imposing new restrictions on leveraged exchange-traded funds, volatile investments that can multiply the gains or losses of a market index or benchmark.

By Bloomberg
MUTUAL FUNDS SEP 01, 2009
Hartford Mutual Funds reopens Hartford MidCap Value Fund to new investors

The Hartford Mutual Funds today reopened the $185.2 million Hartford MidCap Value Fund (HMVAX) to new investors in an effort to capitalize on new investment opportunities and offset outflows.

By David Hoffman
FIXED INCOME AUG 31, 2009
Rate for 6-month Treasury bills drop to record low 0.24%

Another $30 billion in three-month bills were auctioned at a discount rate of 0.150 percent, down from 0.165 percent last week. That rate was the lowest since 0.135 percent on April 30.

By Associated Press
MUTUAL FUNDS AUG 31, 2009
Third Avenue Funds aims for extra credit

Third Avenue Management LLC of New York today launched a mutual fund that is able to invest in a mix of credits, including bank loans, and high-yield and distressed debt.

By David Hoffman
ALTERNATIVES AUG 31, 2009
KKR Financial shares rise after analyst upgrade

Shares of KKR Financial Holdings LLC rose today after Janney Montgomery Scott Securities analysts upgraded the real estate investment trust to &quot;Market Outperform&quot; from &quot;Market Perform,&quot; saying the company's management has improved liquidity and it may restore its dividend soon.

By Bloomberg
ALTERNATIVES AUG 27, 2009
FDIC rule change could lead to more failed banks, Bove says

Squeezed by rising bank failures and alarmed by its shrinking insurance fund, the Federal Deposit Insurance Corp. has made it easier for private-equity investors to buy failed institutions, but one prominent analyst believes that the move could lead to even more shuttered banks.

By Sue Asci
ALTERNATIVES AUG 26, 2009
July new U.S. home sales up 9.6%

New U.S. home sales surged 9.6 percent in July, rising for the fourth straight month and beating expectations as the housing market marches steadily back from its historic downturn.

By Bloomberg
RETIREMENT PLANNING AUG 26, 2009
Automatic enrollment quadruples over three-year period among retirement plans run by Vanguard

About 20% of the defined contribution plans administered by The Vanguard Group Inc. had adopted automatic enrollment by the end of last year, up from just 5% three years earlier, according to a recent study by Vanguard.

By Bloomberg
MUTUAL FUNDS AUG 25, 2009
Volcker's regulatory suggestions rile money market execs

The idea of regulating the money market mutual funds as if they were banks could be detrimental to the $3.6 trillion industry, observers said today after former Federal Reserve chairman Paul Volcker called for tighter reins on the funds.

By Bloomberg
ALTERNATIVES AUG 25, 2009
Index shows home prices increase from 1Q to 2Q

Home prices across most of the U.S. have started to rise from the depths of the housing slump, a pivotal trend that will help stabilize the broader economy, according to new figures released today.

By Bloomberg
MUTUAL FUNDS AUG 25, 2009
Money market funds may suffer when federal backstops expire, J. P. Morgan exec fears

Money market mutual funds would benefit from a federal program to guard against the risk of illiquidity in the markets, analysts yesterday at the first Money Fund Symposium in Providence, R.I.

By Sue Asci