Mutual Funds Nab $728.4 Million

Municipal bond mutual funds reported another healthy slug of new money last week as demand for high-quality fixed income continued to drive investment flows.

China funds raise stock weighting, financials shed

SHANGHAI: Mutual funds in China have lifted their recommended allocation to equities to a five-month high, betting on supportive macroeconomic policy, but continued to decrease the proportion of shares in banks and brokerages, the latest monthly Reuters poll of fund managers shows. The funds' suggested equity weightings over the next three months edged up to 81.3 percent on average from last ...

NBTY May Sell High-Yield Debt Amid Junk-Bond Fund Inflows: New Issue Alert

NBTY Inc. , the maker of Nature’s Bounty and MET-Rx nutritional supplements, may sell notes as deposits in mutual funds investing in high-yield, high-risk debt climb.

Neuberger Berman High Yield Strategies Fund Inc. Announces Monthly Distribution

NEW YORK----Neuberger Berman High Yield Strategies Fund Inc. has announced a distribution declaration of $0.11 per share of common stock. The distribution announced today is payable on September 30, 2010, has a record date of September 15, 2010 and an ex-date of September 13, 2010.

Value Hedge Funds Finding Microsoft too Cheap to Ignore - What if Microsoft Took a Lesson From ...

By CanadianValue. I saw a Reuters article today about the hedge funds adding Microsoft in Q2. Quite a list are finding this mammoth company too inexpensive to ignore. Buyers include David Einhorn (Greenlight), Dinakar Singh (TPGAxon), John Griffin (Blueridge), Whitney Tilson (T2 Partners) and Thomas Claugus (GMT Capital). I wrote in late July about Microsoft being too cheap to ignore ...

Dynamic Funds(R) launches Dynamic Aurion Total Return Bond Fund

Dynamic Funds , managed by Goodman & Company, Investment Counsel Ltd. , a wholly owned subsidiary of DundeeWealth Inc., today announces the launch of Dynamic Aurion Total Return Bond Fund , a fixed income fund that seeks to provide income and capital returns from an actively managed diversified portfolio of primarily Canadian fixed income securities.