The Boards of Directors/Trustees for the UBS U.S. Money Market Funds have approved the funds’ participation in the U.S. Treasury’s Temporary Guarantee Program.
Money market fund Reserve Primary Fund, which helped set off the financial crisis after it “broke the buck,″ said it will return at least one-third of investors' money...
The U.S. Treasury Department has opened a program that will guarantee the share price of any publicly offered eligible money market mutual fund – both retail and institutional...
The combined assets of the nation's mutual funds decreased by $9.50 billion, or 0.08%, to $11.578 trillion in August, according to the Investment Company Institute (ICI).
Between 2008 and 2013, rollovers from 401(k), 403(b), and 457 plans will account for nearly $1.9 trillion of asset flows into traditional IRAs, which will increase to $6.1...
Despite the volatility and uncertainty in the markets, 29% of financial intermediaries are investing more in equity funds while only 24% are investing less, according to research from...
The Securities and Exchange Commission (SEC) has announced a Fair Fund distribution of approximately $49 million to investors affected by improper market timing in mutual funds managed by...
Market volatility so far in 2008 may have prompted many investors to flee equities but they apparently haven’t lost faith in mutual funds entirely, according to new data.
The world’s developed and emerging equity markets both lost ground in August, and have produced double-digit, negative returns over the past three-months, according to Standard&Poor’s.