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Mutual Funds

A collection of news and information related to Mutual Funds published by this site and its partners.

Top Mutual Funds Articles

Displaying items 25-36
  • Legg Mason's Bill Miller at top again in WSJ ranking

    Legg Mason's Bill Miller at top again in WSJ ranking
    Baltimore's Legg Mason Opportunity Trust, co-managed by well-known stock-picker Bill Miller, is the top-ranked U.S. diversified stock fund for the third consecutive quarter, according to a Wall Street Journal ranking. Miller and his co-manager, Samantha...
  • Deals of the day -- mergers and acquisitions

    July 25 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Thursday: ** Dell Inc founder Michael Dell raised his $24.4 billion bid by less than 1 percent just hours before it was to be put to a vote,...
  • Bill Miller's fund is beating the market once more

    Bill Miller's fund is beating the market once more
    During the depth of the 2008 financial crisis when Bill Miller's funds were in free fall, a colleague advised him to get a dog. "I needed to change my luck," said the Legg Mason money manager, famous for beating the market 15 years in a row. "I reasoned...
  • John H. "Jack" Laporte Jr., T. Rowe Price portfolio manager

    John H. "Jack" Laporte Jr., T. Rowe Price portfolio manager
    John H. "Jack" Laporte Jr., a highly regarded T. Rowe Price portfolio manager who was also a philanthropist and one of the minority owners of the Orioles, died Aug. 12 of complications from lymphoma at his Ruxton home. He was 68. "Jack was one of the...
  • More parents are saving for college, Fidelity reports

    More parents are saving for college, Fidelity reports
    Lisa Scott of Sparrows Point has seen young relatives graduate from college and struggle to keep up with $100,000 in education debt. "Their current jobs do not allow them to pay that debt" said Scott, area marketing director for Chick-fil-A in Maryland....
  • Price discusses ETFs and tax policy at annual meeting

    Price discusses ETFs and tax policy at annual meeting
    After T. Rowe Price executives recapped last year's highlights at Tuesday's annual meeting, a shareholder raised concerns about the loss of a top money manager, competition from exchange-traded funds and an Obama Administration tax proposal that could...
  • T. Rowe Price profit rose 22 percent in first quarter

    T. Rowe Price profit rose 22 percent in first quarter
    T. Rowe Price Group reported Wednesday that profit rose 22 percent in the quarter from a year ago to $241.9 million, buoyed by an uptick in the market that pushed assets under management to a new record. The Baltimore-based money manager earned 91...
  • Five questions for ... Mark Stoeckle

    Five questions for ... Mark Stoeckle
    For more than two decades, Baltimore fund companies Adams Express Co. and Petroleum & Resources Corp. had been under the direction of a single CEO and chairman. But with the retirement of Doug Ober this year, the two have seen a shake-up at the top....
  • Former top T. Rowe Price manager to launch Baltimore hedge fund

    Former top T. Rowe Price manager to launch Baltimore hedge fund
    Kris H. Jenner, the manager of T. Rowe Price Health Sciences Fund until his resignation in February, has raised more than $100 million to launch a Baltimore-based hedge fund, Bloomberg News reported. The hedge fund, which will be called Rock Springs...
  • T. Rowe Price, Legg Mason offering up ultrashort-term bond funds

    T. Rowe Price, Legg Mason offering up ultrashort-term bond funds
    Baltimore's two major mutual fund companies have joined a small but growing number of investment firms offering ultrashort-term bond funds, which may become an alternative to the traditional money market fund. The T. Rowe Price Ultra Short-Term Bond...
  • Legg Mason CEO shuffles executive team

    Legg Mason CEO shuffles executive team
    Legg Mason Inc.'s new CEO, Joseph A. Sullivan, announced Tuesday a shake-up of his executive team and the exit of some top officials, including one who had been in the running for chief executive. Sullivan, a Legg insider who was named CEO and...
  • T. Rowe Price sees unusual turnover in portfolio managers

    T. Rowe Price sees unusual turnover in portfolio managers
    T. Rowe Price has a reputation as a place where portfolio managers can spend their entire careers. But over 12 weeks this year, three fund managers left the Baltimore-based investment company or announced plans to do so. Two left suddenly, with a star...