Mutual Funds News -
Expand All[$$] More Than Just Copper
[at TheStreet.com] - This Chile index fund offers terrific exposure to copper -- and to emerging markets as well.
Investors Shun Actively Managed Funds: Analyst
[at CNBC] - Investors are opting out of actively managed mutual funds in favor of more passively-managed funds, like ETFs, that track stock indexes, Kevin McDevitt, Morningstar editorial director told CNBC on Tuesday.
Top 5 International Mutual Funds
[Zacks] - Get international with Wasatch International Growth , Elfun International Equity , Calamos International Growth A , Putnam International Capital Opportunities A and Invesco International Small Company A .
Australia ETF lower after Labor Party victory
[at MarketWatch] - The iShares MSCI Australia Index Fund was down about 1% in early U.S. trading Tuesday following news the Australian Labor Party has secured enough seats to form a minority government.
Top 5 Blackrock Mutual Funds
[Zacks] - Blackrock
The new young investor: Shunning stocks
[CNNMoney.com] - When 18-year-old Robert White decided to jumpstart his retirement plan, he invested his life savings of $25,000 into an aggressive mutual fund.
[$$] MUFG Unit to Buy BNP Paribas Stake
[at The Wall Street Journal] - MUFG Invests in Chinese Fund Mitsubishi UFJ Trust and Banking said it has signed an agreement with BNP Paribas to buy its stake in a mutual fund venture with Shenyin & Wanguo.
Morgan Stanley to re-open P2 German property fund
[at Reuters] - * Morgan Stanley s frozen P2 Value fund to reopen Nov 1 * Independent houses predict possible recovery in markets * NAV at open seen at 820-870 mln eur vs 922.8 mln now
African equity vehicle seeks investors
[at Financial Times] - Alquity Investment Management, a London and Hong Kong-based start-up, is fundraising for an African equity fund boasting retail-friendly daily liquidity - a year after the previous such attempt ended in tears.
Are Investors Unfair to U.S. Stock Funds?
[at New York Times] - While bond funds are still booming, just one major type of equity fund has lost big chunks of assets: domestic stock portfolios.
Futures Funds Flounder
[The Wall Street Journal] - Previously limited mostly to institutions and wealthy individuals, managed-futures funds have proved an awkward fit for the mom-and-pop mutual-fund world.
[$$] Pechter Bids for Value Line Unit
[at The Wall Street Journal] - Pechter Bids for Value Line Funds Richard Pechter, a director of Finra and NYSE s regulatory arm, said this week that he made an offer for Value Line s troubled mutual-fund business.