The Markets

Mutual Fund Assets Plunge in October

The combined assets of the nation's mutual funds decreased by $1.087 trillion, or 10.2%, to $9.6 trillion in October, according to the Investment Company Institute (ICI).

Participants Haven’t Shunned 401(k)s

A Hewitt Associates analysis shows that even while 401(k) participants are feeling the effects of a down market, they are continuing to invest for retirement through their 401(k)...

Funds See September Asset Drop

The combined assets of the nation's mutual funds fell 8.3% or $959 billion to $10.6 trillion in September, according to Investment Company Institute (ICI) data.

Managed Account Assets at $1.8T

Total managed accounts assets reached $1.85 trillion through the first half of 2008, according to the annual report “Cerulli Quantitative Update: Managed Accounts 2008.″