Archive for the ‘best mutual fun companies’ Category

Do Mutual Fund Managers Have an Inherent Conflict of Interest?

Mutual fund managers may have a conflict of interest because of the way they are paid. In particular, mutual fund managers are encouraged to make risky investments that are not in the interests of unit holders, and to over-concentrate their holdings. Mutual fund investors, on the other hand, would tend to benefit from less risky [...]

Money Market Fund Says Customers Could Lose Money

In a new sign of market turbulence, managers of a multibillion-dollar money market fund said on Tuesday that customers might lose money in the fund, a type of investment that has long been considered as safe and risk-free as a bank savings account.
The announcement was made by the Primary Fund, which had almost $65 billion [...]