The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Odd Lots, September 22, 1999 Not Rated 3.0 Email Routing List Email & Route  Print Print
Wednesday, September 22, 1999

Odd Lots, September 22, 1999

Reported by Hayley Green

Indian style
From The Financial Times
The mutual fund market is booming in India almost as much as Indian Pashmina Scarves and Indian body art, Mihindi are booming here in America. Last month Indian investors put $207 million into mutual funds. There have also been five new launches swelling the number of funds in the region to 305, another all-time high. Industry experts are saying that the numbers could double in the next year.

Goldman Struggles
From The Wall Street Journal
Wall Street's golden boy -- Goldman Sachs -- is having a hard time reaching the average American consumer. In recent months, the asset-management unit of Goldman has been busy trying to expand its mutual fund offerings, as well as the list of securities brokers who will sell them. The company has taken the unusual step of guaranteeing the salaries of fund wholesalers who usually get paid based on production. Goldman is also throwing in extra perks such as providing bonus research reports to firms that do a good job hawking its funds.

Funds in the Press
  • Spiders, diamonds and webs, oh my! Marketwatch.com explains how "enhanced" index funds are competing with traditional index funds.
  • Founders Discovery Fund is on a tear, according to Investor's Business Daily. For the year through Friday, the $471 million small-cap fund was up 37%, vs. 2.7% for the Russell 2000 index.
  • Also in IBD, the managers of AIM Small Cap Growth Fund have proven that good stocks often come in micro-cap packages. This year, through Monday the fund has had a fund's 41% gain.  

    Stay ahead of the news ... Sign up for our email alerts now

 Do You Recommend This Story?

Return to Top
 News Archives
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Add to My Yahoo!
follow us in feedly

©All rights reserved to InvestmentWires, Inc. 1997-2021
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use