In the Margins
In the last quarter of 2015, American Funds cut by 7% its Amazon.com holding, according to research performed by Todd Rosenbluth, director of mutual fund research at S&P Global Market Intelligence. The mutual fund firm also pared back Alphabet (formerly Google), by 18%. At Fidelity, fund managers added shares in Facebook, Alphabet, Microsoft, and Salesforce in the fourth quarter, while the firm reduced its share count in Gilead Sciences by 6.9%. Read the original story from Barron's.
Most Read
Guinness Atkinson Funds made history last year when it completed the industry’s first conversions from open-end mutual fund to exchange-traded fund. Since then, a number of ...
In late 2020, the Securities Exchange adopted new rule 18f-4 under the Investment Company Act of 1940, which provides for an updated and comprehensive regulatory approach ...
In a speech on Monday, William Birdthistle, the new director of the Securities and Exchange Commission's Division of Investment Management, pondered whether mutual funds are honoring ...
The independent directors of Vanguard Funds were named last week as defendants in a class-action lawsuit brought by a group of retail investors. The plaintiffs' claims ...