Bruce Berkowitz is the founder and managing member of Fairholme Capital Management LLC, and is president and a director of Fairholme Funds Inc.
U.S. stocks, as measured by the S&P 500, are up 15% in the three and a half months since the beginning of the second half of 2010
Vanguard reduces its rake for two million customers. The move, says one fund industry watcher, 'puts some heat' on rival Fidelity.
Brokerage TD Ameritrade has begun offering commission-free ETF trades on more than 100 different funds that have bee chosen by Morningstar.
State security officials say they're ramping up oversight of leveraged and inverse exchange traded funds. The chief worry? Brokers themselves may not understand how the complex products actually work.
American Funds, which is a unit of The Capital Group Cos. Inc., has come out with only two mutual funds in the past decade. The new offering, called the American Funds Global Balanced Fund, is set to make its debut Feb. 1.
Retirement plan advisers and record keepers should have an out, the groups contend
Newsletter editor skewers firm's handling of U.S Growth Fund
Famed investor looks to gain more flexibility with latest Fairholme offering. Says one industry watcher: “It's like going back to the days of old with a mutual fund that will make you money by going anywhere."
The SEC says it's targeting 12(b)-1 fees to help protect investors. Meanwhile, soft dollars fly under the radar. Critics say that needs changing.
Some asset management executives would argue that now isn't a good time to be in the money market fund business
A shift in focus to core offerings — triggered by investor uncertainty over the direction of the markets — is crimping the growth of sector ETFs
The Investment Company Institute has slammed assertions around mutual fund fees made by kaChing Group Inc., continuing an online sparring match between the two.
KaChing Group Inc's online service — touted as an alternative to mutual funds — may still be in its infancy. But kaChing today announced it has secured $7.5 million in financing.
If you're unhappy with your mutual fund, you can easily find another. After all, there are nearly 8,000 to choose from.
BlackRock Inc., the world's biggest manager of exchange-traded funds, named Russ Koesterich to the new position of global chief investment strategist for its iShares unit.
S&P five-star ranked Mairs & Power Growth Fund has, over the past year, consistently been top-ranked within S&P's coverage universe, and garners positive performance analytics, risk considerations, and cost factors scores
Steven Romick says he aims to beat the market when stocks are falling and underperform by a smaller margin when they're rising.
U.S. regulators said mutual funds aren't telling investors enough about why they use derivatives, with some funds providing “generic” disclosures and others failing to explain how the products affect performance.
