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Facing new cost-disclosure rules, some mutual funds are creating cheaper share classes for retirement plans. The jury is still out on Washington's big effort to wring costs out of America's 401(k) system by making the industry disclose those costs
the asset management arm of Emirates NBD, a leading bank in the region, also announced a series of enhancements to its fund range. These changes have been made in response to investor demand and market requirements, both in terms of currency
The Class B shares are convertible into the current publicly traded Class A shares, which have one vote per share and trade under the symbol Goog. Now, Google is planning to add a separate nonvoting stock called Class C shares, which will trade
It went on to boast that "over 60% of our Morningstar-rated funds have earned 4 or 5 stars,*" the top two ratings of the five star historic performance rating system. The ad was similar to this more updated Prudential brochure , which can be found on
President Barack Obama's re-election campaign called on Republican front-runner Mitt Romney to release his tax returns dating back to the 1980s, to see if they contain information about an uncommon investment arrangement at his former private-equity
Select a date range Create a custom date range Question: I'd like to know whether I should keep my shares in Vanguard Capital Opportunity Fund. Answer: It is understandable that some longtime owners of this popular fund would become concerned.
Domestic mutual funds have sought a beneficial tax treatment for foreign institutional investors ( FIIs ) and foreign HNIs to encourage them to invest in Indian funds. Asset managers of several funds said the capital markets regulator should also
The 700 lawyers, para-legals and secretaries are saving an average of $500 a year in 401(k) fees be cause the law firm switched to lower-cost index funds and negotiated a separate fee for administrative costs...For years he has handled the legal end
Late last year, the company underwent a special transaction that provided a $870 million cash infusion...Class A is your garden-variety stock; Class B is more interesting. Those B shares are like the A shares, except that they have no voting rights
Paulson made $4 billion betting against newfangled mortgage investments. But he made even more betting on an old-fashioned investment: gold...Paulson, right, invested heavily in gold on the belief that the dollar would lose value in the coming years.