Mutual Fund History Articles
Top 10 Stock Market Crashes
We have compiled a list of the most financially painful market crashes in the US history. This means that the market has been down over 37% from its highest to its lowest. Additionally, the market crashes we have included are characterized by long periods of duration.
What is a Hedge Fund and How do Hedge Funds Work
The first success of hedge funds was announced in 1966 when several of them has managed to outperform all of the mutual funds. Success was achieved despite the high incentive fee, which during these years was around 20%. Hedge funds managed to outperform all of the mutual funds thanks to their significantly higher rate of return.
War Time Stock Market Conditions
Most financial advisors’ opinions on whether investing during war times is a good idea differ. This article provides explanations of the various investment conditions during several wars known from the history.
Stock Market Crashes History
The history of the stock market is full of examples of market crashes that had substantial negative consequences on the assets of many investors.
Market Crashes - the Black Thursday of 1929
The 1920s were market by the intense discussion of the conditions of the stock market. No matter what topic a group of people attempted to converse at the end it was all about the performance of the stock market
The Great Depression of 1929
The great depression of 1929 - the US stock market’s history is full of examples of catastrophic crashes that have led to the loss of large sums of money by many investors. Many of these market crashes has occurred in 1929.
The Stock Market Crash of 1929
The stock market crash of 1929, known in the financial world as the Black Monday, the October 28th, 1929 was one of the most terrible days in the US stock market.
Mutual Funds by American Association of Retired Persons (AARP)
In 2006, american association of retired persons (AARP) established its first mutual fund in response to the needs of these specific groups of investors.
NYSE New CEO: John Reed
John Reed was appointed as the new chief executive and interim chairman of NYSE. He has been the chairman of the Citigroup Inc. before he moved to NYSE.
www Financial Times Com Website Scandal
www Financial Times com has recently been involved in a scandal connected with search engine optimization. It was difficult to believe, but Financial Times has broken the corresponding ethical coding and has included hidden links selling as part of its services on their website.
Richard Strong Mutual Fund Scandal
Another CEO that has been recently caught to market time his mutual funds is Richard Strong. He is the founder of Strong Financial Corporation and Strong Funds and has applied market timing in order to enjoy personal gain from his own mutual funds.
Shady Wealth of Richard Grasso - NYSE Chairman
One of the most famous scandals in the mutual fund field is associated with the name of the NYSE Chairman Dick Grasso. When the work came out that he has received $139.5 million when he retired, people were just stunned.
Mutual Fund Scandals Impacts and Implications
There have been an increasing number of mutual fund abuses, which has led to the several well-known mutual fund scandals. Many fund companies seem to have forgotten why exactly they are in business.
US Patriot Act Section 326 Impacts
Section 326 of the Patriot Act requires financial institutions, such as banks, mutual fund companies, brokers and etc. to collect more information about the account holders.
Bear Sterns Late Mutual Fund Trading Scandal
On March 16, 2006 the mutual fund trading scandal in which Bear Sterns was involved was finally ended. Mr. Sterns agreed to pay $160 million as a return of the illegally made gains and additional $90 million in penalties, which sums up to the total of $250 million.
History of Mutual Funds
Mutual funds enjoy a wide popularity among both employers, who include them in their employees’ 401 k plans, IRAs and Roth IRAs. The funds have deserved their popularity thanks to their easy manipulation and high liquidity.