Mutual Funds

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ALTERNATIVES JUL 24, 2011
AQR launches mutual fund with hedge traits

AQR Capital Management LLC is tapping into the growing appetite for alternative investments by launching a mutual fund that employs nine different hedge fund strategies

By Jeff Benjamin
MUTUAL FUNDS JUL 24, 2011
Guggenheim big resigns amid merger rumors

Steve Baffico, head of U.S. retail at Guggenheim Funds Distributors Inc., has resigned

By Jessica Toonkel
MUTUAL FUNDS JUL 24, 2011
Emotional responses are common among managers as well as investors

Looking at a portfolio manager's track record is one thing, but understanding how he or she achieved it, and whether it can be repeated, is another story and something that financial advisers should consider when selecting funds for their clients, according to those who study investor behavioral trends

By Andrew Osterland
Growth Fund of America saw $12.5B walk in the first half
MUTUAL FUNDS JUL 22, 2011
Growth Fund of America saw $12.5B walk in the first half

Investors are continuing to flee American Funds' offerings. Three funds from the group, a favorite of advisers, made the top five in most outflows for the first half of the year.

By Jessica Toonkel
State regulators aren't nuts about souped-up ETFs
ETFS JUL 20, 2011
State regulators aren't nuts about souped-up ETFs

Leveraged and inverse funds over the head of the average investor, NASAA warns; plenty of fees, too

By Bloomberg
ETFS JUL 20, 2011
The complexity of ETF options

As they do with stocks, investors have the opportunity to trade listed options on many exchange-traded funds

By MFXFeeder
Fool me once: Bruce Berkowitz's new fund omits AIG, St. Joe
MUTUAL FUNDS JUL 19, 2011
Fool me once: Bruce Berkowitz's new fund omits AIG, St. Joe

Bruce Berkowitz appears to be staying away from some of his more controversial stock picks in his newest fund, The Fairholme Allocation Fund. Among the most notable absences from the top holdings of the new fund are American International Group — the flagship Fairholme Fund's top holding — and St. Joe Corp., which has received much press and attention from investors.

By Jessica Toonkel
MUTUAL FUNDS JUL 18, 2011
Putnam's go-anywhere fund offers plenty of latitude

PMs can invest across range of asset classes, ramp up on leverage

By Andrew Osterland
Withdrawals hit high as investors stampede out of mutual funds
MUTUAL FUNDS JUL 18, 2011
Withdrawals hit high as investors stampede out of mutual funds

Most money pulled out since last May; stock and bond funds both dumped

By John Goff
Default, dear Brutus, could be bad news for money funds
RETIREMENT PLANNING JUL 18, 2011
Default, dear Brutus, could be bad news for money funds

Could put a hole in money-market funds, which hold $760 billion in Treasuries. The question is: should investors pull their money out now just in case lawmakers in Washington don't reach a debt-ceiling agreement by Aug. 2?

By John Goff
MUTUAL FUNDS JUL 18, 2011
The five funds with the largest outflows of 2011

Estimated net flows, Jan. 1-June 30, 2011. (Source: Morningstar)

By Mark Bruno
MUTUAL FUNDS JUL 15, 2011
CIBC to expand wealth management biz with American Century acquisition

Canadian Imperial Bank of Commerce, the country's fifth-largest bank, agreed to buy a 41 percent stake in American Century Investments from JPMorgan Chase & Co. for $848 million to expand its asset-management business.

By Jessica Toonkel
Funds of funds also funds of fees
MUTUAL FUNDS JUL 15, 2011
Funds of funds also funds of fees

Specialized mutual funds promise investors access to hedge fund prowess. But critics say some of the funds charge hefty fees -- and deliver less-than-stellar results.

By John Goff
MUTUAL FUNDS JUL 15, 2011
Catholic values-based fund eyeing financial stocks, telecoms

The global markets are flush with opportunities that have been screened for Catholic values, according to Greg Heilman, manager of the new Ave Maria World Equity Fund Ticker:(AVEWX).

By Bloomberg
MUTUAL FUNDS JUL 13, 2011
12(b)-1 ruling eases fund firms', B-Ds' worries - for now

By Jessica Toonkel
American Beacon books power trio to subadvise go-anywhere offering
LIFE INSURANCE AND ANNUITIES JUL 12, 2011
American Beacon books power trio to subadvise go-anywhere offering

Pimco, Brandywine and GAM will co-manage firm's new flexible bond fund

By John Goff
EMERGING MARKETS JUL 10, 2011
BlackRock's Dennis Stattman raises red flag

No one knows how difficult it can be to manage a go-anywhere fund better than Dennis Stattman.

By Jessica Toonkel
MUTUAL FUNDS JUL 06, 2011
The 'secret' of the top-performing fund manager

Thomas Soviero has replaced Ken Heebner at the top of the mutual fund rankings.

By Mark Bruno
Why Dennis Stattman is cutting out coupons these days
MUTUAL FUNDS JUL 05, 2011
Why Dennis Stattman is cutting out coupons these days

You'll have a hard time finding a better portfolio manager than Dennis Stattman. So why is the famed PM of BlackRock's flagship fund steering clear of the hottest investment going?

By Jason Kephart
In bold move, BlackRock plays the index card in ETF wars
ETFS JUL 05, 2011
In bold move, BlackRock plays the index card in ETF wars

Asset manager seeks approval to use own benchmarks for exchange-traded funds; separating itself from the pack

By John Goff