In your interest.
Online Personal Finance Magazine
No beating about the bush.
A recent summit of mutual funds (MFs) generated a plethora of ideas on the future of fund industry and how it can grow. Many of the ideas are self-serving; others smack of ignorance. Here is selection of views aired at the summit and our comments
If the MF industry relies on corporate money and then claims that it has a large corpus, it is a mistake. Importance of...
Fidelity Forward India Fund is a run-of-the-mill idea from a fund house with a very average performance
Fidelity has filed a draft prospectus for Fidelity Forward India Fund, which is a plain vanilla equity diversified fund. It will invest in the same set of instruments as any other equity fund – equities, warrants, convertible instruments, government and corporate debt and money market...
Many funds were sitting on loads of cash before the big rally
One of the key tenets of mutual fund management is to stay fully invested – or almost fully invested – at all times. This idea is in turn derived from another belief of the fund management business. Fund managers argue that you simply cannot time the market – entering and exiting what you think are opportune times. The market will...