Mutual Funds Debt
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May 1st, 2012
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Selected News
Fund Times: J.P. Morgans Surge Benefits Big Funds (Morningstar.com via Yahoo Finance)
Plus, new PIMCO funds, the latest at Janus, and more. Read more
Are MoneyMarket Funds as Good as Cash (KiplingerForecasts.com)
Their holdings may include debt issued by the likes of Bear Stearns, Freddie Mac, and some other lessthanironclad lenders. Read more
U.S. Global Investors funds named top financial performers (BizJournals)
U.S. Global Investors Inc. earned Performance Achievement Certificates from Lipper Inc. for three of the investment companys mutual funds. (GROW) Read more
Bear Stearns hits Old Mutual unit (Independent Online)
An Old Mutual subsidiary, one of the largest shareholders in Bear Stearns, has taken an estimated $1.4 billion (R11.2 billion) hit on its stake in the troubled US investment bank. Read more