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Investors Looking For Safety Abandon Mutual Funds (NPR)
Wall Street's meltdown is taking a huge toll on U.S.-managed mutual funds. Last month, investors pulled a record $72 billion from those funds and looked for safer places to stash their cash.
us.rd.yahoo.com

Investors up in air as 15 more Reserve mutual funds closed (Seattle Post-Intelligencer)
BOSTON -- The firm managing a money-market mutual fund that "broke the buck" last month said Thursday it is shutting down 15 more of its funds, with no promises when investors can expect money back, or how much.
us.rd.yahoo.com

Stock Mutual Funds Saw $43.3 Billion Outflow Thursday-Wed - TrimTabs (Nasdaq)
NEW YORK -(Dow Jones)- Stock mutual funds saw an outflow of $43.3 billion during the week ended Wednesday, compared with an outflow of $7.16 billion during the previous week, according to TrimTabs Investment Research estimates.
us.rd.yahoo.com

Third quarter mutual fund roundup: Buy, buy, buy! (International Herald Tribune)
Withdrawals from mutual funds that invest in emerging markets soared as investors sought refuge in safer assets. But amid the market mayhem many equity fund managers saw reason to be optimistic.
us.rd.yahoo.com

Money-market funds flock to guarantee program (AP via Yahoo! News)
Nearly all the $3.4 trillion in money-market mutual funds is expected to be federally guaranteed for at least the next three months, now that all the major fund providers signed up to participate by a deadline that passed Wednesday.
us.rd.yahoo.com

Investors pull $43B out of stock funds (CNN Money)
As the nation's economic crisis deepened, investors pulled $43.3 billion from stock mutual funds, according to a report released Thursday.
us.rd.yahoo.com

Money-market funds flock to guarantee program (San Francisco Chronicle)
Nearly all the $3.4 trillion in money-market mutual funds is expected to be federally guaranteed for at least the next three months, now that all the major fund providers signed up to participate by a deadline that passed Wednesday. The universal...
us.rd.yahoo.com

Coughlin Stoia Geller Rudman & Robbins LLP Files Class Action Suit Involving Certain Money Market Mutual Funds Offered ... (Centre Daily Times)
Coughlin Stoia Geller Rudman & Robbins LLP ("Coughlin Stoia") (http://www.csgrr.com/cases/reservefund/) today announced that a class action has been commenced in the United States District Court for the Southern District of New York on behalf of all persons or entities who purchased or held the shares of the Primary Fund ("Primary Fund" or the "Fund") (NASDAQ:RFIXX) money market mutual funds ...
us.rd.yahoo.com

Mutual Fund Withdrawals a Record as Investors Flee (Update1) (Bloomberg)
Oct. 9 (Bloomberg) -- Investors pulled a record $52.1 billion from U.S.-managed stock and bond mutual funds in the past week, seeking the safety of government-insured bank deposits as the financial crisis worsened.
us.rd.yahoo.com

U.S. Mutual Fund Withdrawals a Record as Investors Choose Banks (Bloomberg)
Oct. 9 (Bloomberg) -- Investors pulled a record $72 billion from U.S.-managed stock and bond mutual funds in September, seeking the safety of government-insured bank deposits as the financial crisis worsened.
us.rd.yahoo.com

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