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Some parents found they could lower their income tax liability by shifting investment income to their dependent child, since the child's marginal tax bracket was lower than theirs.
Total U.S. money market mutual fund assets fell by $4.08 billion to $2.68 trillion for the week that ended Wednesday, according to the Investment Company Institute .
Money is flowing once again into muni-bond mutual funds, a turnaround from last year's exodus.
September 15, 2008 was not just the beginning of the financial crisis, which may very well have been the greatest financial crisis ever .
There are at least 222 different Financials mutual funds and at least 618 mutual funds across all sectors.
What does it take to convert stock market trepidation to enthusiasm? Clearly, a half-decade upmarket doesn't do the trick.
How I Make Money in Mutual Funds : Local Author Brad Geary will speak about his book, After the Haircut , written in story form and set at Cultus Lake.
The category is small but growing, amassing a record $3.7 billion last year in mutual funds, ETFs and other investments.
Notice of an application under section 6 of the Investment Company Act of 1940 for an exemption from section 15 of the Act and rule 18f-2 under the Act, as well as from certain disclosure requirements.
World allocation mutual funds - so-called go-anywhere funds - have soared in popularity in the last 15 years, with assets rising about six-fold.
The withdrawals from money market funds have continued for several months, with the exception of January, in which they raised a net , because of the negative yield in the markets.
The Dow Jones industrial average jumped 227 points, or 1.4 percent, to close at 16,395.
Pimco's Bill Gross, manager of the world's largest bond fund, said Tuesday that risk assets such as stocks and high-yield bonds will outperform this year if the U.S. Federal Reserve and other central banks can convince investors that easy money policies are stimulating growth.
The Oppenheimer Rochester group of municipal bond funds has more than a sixth of its assets under management tied up in the struggling commonwealth of Puerto Rico, a bet that made it a star when the island's bonds were in high demand, but that recently led to losses, outflows, and regulatory scrutiny.
Transamerica announced changes to its mutual fund lineup today as it continues to provide diverse fixed income and equity solutions.
The Supreme Court ruled Monday that whistleblower protections in a federal law passed in response to the Enron financial scandal apply broadly to employees of publicly traded companies and contractors hired by the companies.