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Recent Equity Mutual Fund News:
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After a one-week respite, individual investors pulled a net $3.2 billion from U.S. stock funds and $610 million from foreign funds in the week ended Aug. 24, according to the Investment Company Institute. The outflow was nowhere near the frenetic selling seen earlier this month when the stock market plunged amid worries about the economy. Fund owners dumped a net $34 billion in U.S. equity funds ...
LONDON (Reuters) - GlaxoSmithKline has taken a group of private equity funds and strategic bidders through to a second round of the sale of its non-core over-the-counter products, the Financial Times reported ...
As the 2012 presidential elections approach on the horizons, questions remain about which way Wall Street will lean. In particular, hedge funds and private equity funds may soon bear a serious grudge against President Obama and his Democratic Party, despite having contributed so heavily to their electoral success in 2008. Tax increases will almost certainly ...
Despite a recovery in the last two trading days of August that helped in reducing losses, equity mutual funds (MFs) ended with their worst monthly show since January this year
TORONTO, ONTARIO--(Marketwire - Sept. 2, 2011) - Covington Capital Corporation and the VenGrowth Funds today announced the successful closing of the transaction by which Covington Fund II Inc. acquired the assets of New Generation Biotech (Equity) Fund Inc. ("NGBE") and The VenGrowth Investment Fund Inc., The VenGrowth II Investment Fund Inc., The VenGrowth III Investment Fund Inc., The ...
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