Exclusive Mutual Funds Reopen for Business (Time Magazine)
You can buy these long-shuttered mutual funds. But should you?
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Stock mutual funds take in $10.4 billion (CNN Money)
Money flowed into equity mutual funds in the latest week, reversing the outflow of the previous week, according to data released a fund research firm.
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Turkish mutual funds to be exempt 2008 tax- sources (Reuters via Yahoo! Singapore News)
ANKARA, Dec 1 (Reuters) - Mutual funds in Turkey will be exempt from paying banking and insurance transaction tax on their 2008 earnings in a bid to ease the burden on them during the global financial crisis, government sources said on Monday.
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(AFX UK Focus) 2008-12-01 11:48 Turkish mutual funds to be exempt 2008 tax- sources (Interactive Investor)
ANKARA, Dec 1 (Reuters) - Mutual funds in Turkey will be exempt from paying banking and insurance transaction tax on their 2008 earnings in a bid to ease the burden on them during the global financial crisis, government sources said on Monday. The sources, who declined to be named, told Reuters agreement had been reached on the funds' payment of the transaction tax, which amounts to five percent ...
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AlphaMark takes on market with new mutual funds (BizJournals)
The stock market could be headed for its worst year ever. Investors are fleeing. So why would a local money manager decide now to launch his firm’s first mutual funds?
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PUBLIC MUTUAL DECLARES DISTRIBUTIONS FOR TWO FUNDS (Bernama via Yahoo! Malaysia News)
KUALA LUMPUR, Dec 1 (Bernama) -- Public Bank Bhd's wholly-owned subsidiary, Public Mutual Bhd, has declared total gross distributions of one sen and 0.35 sen for its Islamic Balanced Fund and Far-East Dividend Fund respectively for the financial year ended Nov 30, 2008.
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Sebi may tighten mutual funds norms (Business Standard India)
May bar premature withdrawals from fixed maturity plans. The Securities and Exchange Board of India (Sebi) is expected to issue stricter norms for the mutual fund industry after its board meets here Thursday.
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Mutuality concerns of mutual funds (Express India)
The regulations that govern the operations of mutual funds in India are about to undergo some significant changes. This was inevitable, considering the nature of the crisis that the industry has undergone.
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Lessons from recent events in the mutual fund debt market (The Hindu)
Mutual Funds had to borrow huge sums of money due to overwhelming volumes of redemptions
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Some mutual fund investors twice burned (San Jose Mercury News)
This year has been one that most every investor would love to forget. The Dow is down more than 40 percent from its October 2007 peak and 99.7 percent of U.S. equity mutual funds are in the red this year. That their portfolios are down double-digits is no surprise by now. What may shock '” and infuriate '” investors is that, despite a brutal year for stocks, some will owe hefty capital gains ...
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