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?
Estimated net flows, Jan. 1-June 30, 2011. (Source: Morningstar)
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.
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.
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).
Pimco, Brandywine and GAM will co-manage firm's new flexible bond fund
No one knows how difficult it can be to manage a go-anywhere fund better than Dennis Stattman.
Thomas Soviero has replaced Ken Heebner at the top of the mutual fund rankings.
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?
Asset manager seeks approval to use own benchmarks for exchange-traded funds; separating itself from the pack
A compilation of research shows that exchange-traded-fund investors are wealthier, younger, and more engaged than their mutual fund counterparts -- in other words, practically perfect clients. So why aren't more advisers embracing ETFs?
Annual levy for exchange-traded fund will be 0.55%, while fee for namesake mutual fund is 0.46%
Fairholme boss surprised by flap over his activism at property company; 'will think long and hard about doing it again'
Regulators said to be concerned about funds not truly tracking underlying indexes, as well as vulnerability to short sales
During his years as an investment manager at such big firms as Smith Barney Inc. and Lehman Brothers Holdings Inc., Bruce Berkowitz learned firsthand the dangers of going along with the crowd. “You would have an investment meeting with 12 to 20 people around the table, and an idea would be discussed, and everyone would feel the need to add their input,” he said.
Few people would expect the newspaper industry to yield successful stock picks, but fund manager James B. Miles sniffed out a strong value find when he added Valassis Communications Inc. to his portfolio
Mutual fund managers are buying telecommunications stocks, many of them for the first time in years, as the sector emerges as a bright spot in an otherwise lackluster market
Fidelity Investments is marrying the concepts of target date portfolios and municipal-bond investing
