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MFS Announces Closed-End Fund Distributions (Business Wire via Yahoo! Finance)
BOSTON----MFS Investment Management® announced today monthly distributions of the following closed-end funds, all with declaration dates of December 1, 2008, ex-dividend dates of December 10, 2008, record dates of December 12, 2008, and payable dates of December 31, 2008: Fund Income/Share Short TermGains/Share Long TermGains/Share Other Sources/Share1 Total Amount/Share MFS® CaliforniaInsured ...
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Sebi may tighten mutual funds norms (Business Standard India)
May bar premature withdrawals from fixed maturity plans. The Securities and Exchange Board of India (Sebi) is expected to issue stricter norms for the mutual fund industry after its board meets here Thursday.
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Updated Information Regarding Auction Preferred Securities Market Available on MFS Investment Managements Web Site (Business Wire via Yahoo! Finance)
BOSTON----MFS Investment Management® today announced the availability of information on the results of the weekly auctions for the week ending November 28, 2008, that determine the dividend rate payable on the auction rate preferred shares issued by the closed-end funds identified below.
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The sharp spike in volatility to around record levels in the past couple of months has led to the MF industry, on an ... (India Infoline)
The direct relationship between equity volatility and cash as a percentage of assets under management (AUM) of mutual funds (MFs) has amplified in the past few months.
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MFS Releases Closed-End Fund Income Distribution Sources for Certain Funds (Business Wire via Yahoo! Finance)
BOSTON----MFS Investment Management® released today the distribution income sources for three of its closed-end funds for November 2008: MFS® Intermediate Income Trust , MFS® Government Markets Income Trust and MFS® Special Value Trust .
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MFs assets drop 7 % (The Hindu)
NEW DELHI: Amid volatility in stock markets, country's fund houses witnessed a nearly seven per cent decline in assets in November, while UTI Mutual Fund has bucked the trend to become the third biggest fund in terms of assets under management, replacing ICICI Prudential.
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Lessons from recent events in the mutual fund debt market (The Hindu)
Mutual Funds had to borrow huge sums of money due to overwhelming volumes of redemptions
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Sebi may tighten mutual funds norms (rediff.com)
May bar premature withdrawals from fixed maturity plans.
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SEBI Likely To Issue Strict Norms For Mutual Fund (Nasdaq)
(RTTNews) - The Securities and Exchange Board of India or SEBI is likely to impose strict norms for the mutual fund industry, when its board meets in Mumbai on Thursday.
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MFs try to quell investor fears (Business Standard India)
Following Religare’s acquisition of Lotus India asset management company (AMC), other AMCs are going that extra mile to gain confidence of the investing public.
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