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Italian Mutual Funds Record Net Inflows of $1.8 Billion Euros in August Italian mutual funds posted net inflows of 1.4 billion euros in August, industry group Assogestioni said in an e-mailed statement today. www.bloomberg.com
Investors in mutual funds face threat Have you ever felt disappointed after buying a product that turned out not to be as good as the salesman bragged it was? This is what investors in mutual funds will feel towards many fund management companies in the next couple of months. www.bangkokpost.com
Foreign banks to be allowed to offer mutual, provident funds Israeli banks have been banned from owning mutual and provident funds since the Bachar capital market reform of 2005. www.globes.co.il
Why Low-Rated Mutual Funds Can Still Be a Good Investment While investors favor mutual funds with four-or five-star ratings, there may be hidden gems in some of the lower-rated funds. "Just because a fund's been underperforming doesn't mean it's not worth owning,'' says one pro. biz.yahoo.com
Mutual Funds Performance – 2nd Quarter 2010 Interestingly, the year-to-date returns of Peso Balanced Funds are comparable with the returns of the Peso Stock Funds . Although balanced funds have a mixture of stocks and bonds in their portfolio, their returns are at par with stock funds, with one balanced fund (First Metro Save and Learn Balanced Fund) even outperforming all stock funds. www.pinoymoneytalk.com
Putnam Absolute Return Funds Perfecting Aim Launched last year, the funds have drawn investors by hitting their targets -- and only that. www.thestreet.com
Speculative-Grade Bond Funds Report First Net Withdrawals in Eight Weeks Junk bond mutual funds reported their first outflows in eight weeks even as the extra yield investors demand to own speculative-grade debt instead of Treasuries narrowed. www.bloomberg.com
Column : Churn in the mutual fund industry Forecasts about the market are as bad as guaranteed returns. Both fail spectacularly. Yet on a particularly wet and gloomy September in Delhi, with the debris of CWG 2010 littered all round, just as one feels the event will finally compensate for all the present woes, the chop and change in the mutual fund industry, too, one feels, will be worth the pain. www.financialexpress.com
Investment in ETF lags mutual funds Most of the money raised by ETFs in August was for funds that track the Tel-Bond indices. www.globes.co.il
U.S. considers boosting funds for Mexico drug war, but holds cash back over rights The U.S. government is considering substantially increasing funding for Mexico's drug war beyond the $1.4-billion Merida Initiative, Paul Richter reports from our Washington bureau. Citing an unnamed source in the White House, Richter reports that the Obama administration sees its joint anti-drug effort with Mexico as a top priority. At the same time, the administration separately announced that ... latimesblogs.latimes.com
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