A resurgent market for biotechnology shares has persuaded Franklin Biotechnology Discovery to stay open to investers longer than first planned.
Using the Internet is a tricky task for investment companies that sell funds through intermediaries.
Fund fails the regulatory tests for a diversified-stock fund, thanks to the gains of Microsoft, General Electric, Cisco, and Intel.
From business incubators to road shows, mutual-fund companies are using the Internet in a variety of ways.
Once-Web-wary investment companies are rapidly embracing the Internet as an integral part of their business strategies.
Charles Schwab will pick up Excelsior Funds when it completes its recently announced merger with U.S. Trust Corp. But there are no changes in store for the fund family, the broker says.
Citizens Funds has rolled out a socially responsible small-cap index fund, providing a much needed option for conscientious investors, but at a steep cost.
Pimco Advisors Holdings, renowned for its taxable-bond picking prowess, recently snatched Mark McCray from Goldman Sachs to manage its growing cache of muni-bond funds.
Antitrust experts predict federal regulators may not give the merger of AOL and Time Warner a second look because their businesses don't overlap.
Mutual fund managers laud the first major merger of 2000, but some fret that AOL Time Warner's price momentum may slow.
Fidelity Magellan and Vanguard 500 Index broke the vaunted $100-billion-asset barrier, but Magellan keeps a slim lead.
Fund managers such as Dave Brady, Eric McKissack, and David Lui say the market will be a roller coaster but investors should not get off.
Die-hard front-end load fund company Capital Research & Management will start selling deferred load shares of its American Funds this spring.
Stocks slumped Tuesday as investors fretted about whether the central bank would raise interest rates next month to rein in the economy.
Online brokerages said trading volumes were at a record high on the first full business day of 2000, but they saw nary a trace of the millennium bug.
Renowned bond-fund shop PIMCO will pay nearly $200 million over five years to keep its most renowned manager after it merges with Allianz.
Vanguard sends subadvisor Spare, Kaplan, Bischel & Associates packing and brings in Wellington management for "a better mix of investment disciplines."
A pair of Internet startups on the left coast are offering no-fee S&P 500 index funds to draw investors to their fledging financial-services Web sites.
SaveDaily.com has joined with online retailers and two mutual-fund companies to funnel a portion of Internet purchases into investments.
Economies of scale drive down the operating expense ratios of funds as their assets swell, the Investment Company Institute concluded in a new study.
Instead of using the Internet to offer rapid-fire trading like other discount brokers, a new batch of Web sites encourages investors to buy stock infrequently and in small amounts.
The company known for pensions will branch further out into mutual funds this spring with five new funds, including a low-cost socially responsible offering.
Being one of the biggest and fastest-growing fund companies in America isn't good enough for Janus Capital Corp. It wants the same titles in Europe and elsewhere.