Mutual funds cannot charge entry fee from August

October 1st, 2009 Money fund assets fell to 3.429T in latest weekNEW YORK — Total money market mutual fund assets fell by $53.52 billion to $3.429 trillion for the week, the Investment Company Institute said Thursday. Assets of the nation's retail money market mutual funds fell by $12.99 billion in the latest week to $1.125 trillion.

September 24th, 2009 Money fund assets rose to $3.483T in latest weekNEW YORK — Total money market mutual fund assets rose $198 million to $3.483 trillion for the week, the Investment Company Institute said Thursday. Assets of the nation's retail money market mutual funds fell $12.88 billion in the latest week to $1.138 trillion.

September 18th, 2009 Geithner ends money market guarantee programWASHINGTON — Treasury Secretary Timothy Geithner said an emergency program that had guaranteed as much as $3 trillion in assets in money market mutual funds was being allowed to expire Friday. "As the risk of catastrophic failure of the financial system has receded, the need for some of the emergency programs put in place during the most acute phase of the crisis has receded as well,' Geithner said in a brief statement.

September 17th, 2009 Money fund assets fell to $3.482T in latest weekNEW YORK — Total money market mutual fund assets fell by $62.6 billion to $3.482 trillion for the week, the Investment Company Institute said Thursday. Assets of the nation's retail money market mutual funds fell by $10.36 billion in the latest week to $1.151 trillion.

September 16th, 2009 Gabelli Funds increases stake in ViacomRYE, N.Y. — GAMCO Investors Inc., which administers the Gabelli Funds family of mutual funds, Wednesday reported that it had increased its ownership in Viacom Inc.

August 21st, 2009 Money fund assets fell to $3.581T in latest weekNEW YORK — Total money market mutual fund assets fell by $12.07 billion to $3.581 trillion for the week, the Investment Company Institute said Thursday. Assets of the nation's retail money market mutual funds fell by $2.96 billion in the latest week to $1.176 trillion.

July 30th, 2009 Money fund assets fell to $3.6 trillion this weekNEW YORK — Total money market mutual fund assets fell $21.98 billion to $3.634 trillion for the week, the Investment Company Institute said Thursday. Assets of the nation's retail money market mutual funds fell $10.06 billion in the latest week to $1.197 trillion.

July 15th, 2009 Fidelity holders reject 'genocide-free' proposalBOSTON — Shareholders at four Fidelity Investments mutual funds have rejected a measure that seeks to screen out investments possibly linked to genocide in international hot spots like Sudan's Darfur region. The proposal needed a majority to pass.

July 15th, 2009 Regions Financial unit gets Wells noticesNEW YORK — Regions Financial Corp. says its investment banking subsidiary and three employees received notice from the Securities and Exchange Commission that the regulator is investigating possible violations of federal securities laws.

July 14th, 2009 Investors return to mutual funds in 2nd quarterBOSTON — Investors shook off some of their caution in this year's second quarter amid a rising market, shifting the largest amount into stock and bond mutual funds in more than two years, a fund industry consultant reported Tuesday. A total $136 billion flowed into stock and bond funds during the April-through-June period, according to New York-based Strategic Insight.

July 1st, 2009 NEW DELHI - Private sector mutual funds are likely to outperform state-owned funds for the sixth consecutive year, accounting for over 78 percent of the mutual fund market till May 31, says a report. "The market share of PSU mutual funds in the overall aggregate AUM (assets under management) has fallen sharply from 71.77 percent to 21.59 percent during the period between years 2000 and 2009," according to a survey by brokerage firm SMC Capitals.

June 19th, 2009 MUMBAI - The Indian capital markets watchdog has unveiled a slew of measures to woo investors to the equities markets. Primary among the reforms announced by the Securities and Exchange Board of India (SEBI) Thursday night was the approval of an "anchor investor", which allows the investor to subscribe up to 30 percent of the quota for institutional investors in an initial public offering (IPO).

June 17th, 2009 MUMBAI - Mutual funds should look at increasing their assets under management (AUM) from retail investors given the huge redemption pressures faced by some funds last year, the market watchdog chief said Wednesday. "Higher percentage of AUM must come from retail.

April 22nd, 2009 T. Rowe Price 1Q earns drop; 288 job cuts plannedBOSTON — T. Rowe Price Group Inc.

January 31st, 2009 LUCKNOW - Uttar Pradesh's 4,000-odd petrol pumps will not stock diesel from Monday to protest a 5 percent entry tax imposed from Sunday. The Uttar Pradesh Petroleum Traders Association Sunday unanimously resolved not to lift their stocks from oil companies - a move that could create a serious diesel crisis across the state.