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Yahoo! Finance: Mutual Funds News
1. Pimco Has New Way of Looking at World (TheStreet.com)
The fund manager finds that GDP is a better measure of a country s bond performance.
2. Which Is Better, A Commodity Mutual Fund or an ETP? (at Seeking Alpha)
3. Mutual Funds Gained Assets, Thanks to Bonds (The Wall Street Journal)
Money returned to long-term U.S. mutual funds last month after investors pulled holdings out in May in the wake of the stock market s flash crash.
4. Fund flows reflect underlying concerns on outlook-EPFR (at Reuters)
* Emerging market equity fund inflows at 16-week high * Commodity sector funds see $1 bln in outflow * Defensive sectors such as utilities see inflows
5. Money fund assets rose to $2.802T in latest week (AP)
Total money market mutual fund assets rose by $3.57 billion to $2.802 trillion for the week, the Investment Company Institute said Thursday.
6. Mutual Funds Weekly: Gold bugs swatted as investors picnic on stocks (at MarketWatch)
Is there still a case for gold? Yes, but only if you believe that governments will have to pump more stimulus into the global economy at the expense of national currencies. Read about this and more in this week s Mutual Funds and ETF stories.
7. Foreign Small-Cap Fund Rallies In Lukewarm Session (at Forbes)
In trading on Thursday, the FTSE RAFI Developed Markets ex-US Small-Mid Portfolio ETF outperforms other ETFs.
8. US junk bond funds report $976 mln inflow-LipperFMI (at Reuters)
U.S. junk bond mutual funds reported $976 million of net inflows in the week ended July 28, following a $700 million inflow the prior week, LipperFMI reported on Thursday.
9. [$$] Ocado s IPO Buyers Include Fidelity, Other Early Investors (at The Wall Street Journal)
Ocado s IPO Buyers Include Fidelity, Other Early Investors Ocado Group s new shareholders look a lot like the U.K. online retailer s old ones. Among the IPO buyers was fund giant Fidelity, which also invested in the company last year.
10. First American Funds Joins Nuveen (Morningstar)
Plus, a departure from AllianceBernstein, new PIMCO distribution arm, and more
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