MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
|
|
MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Wednesday, May 31, 2006 American Funds, Fidelity Surge in April American Funds and Fidelity each have reason to hail the most recent monthly sales stats from Financial Research Corp. According to the Boston-based fund tracker, American Funds surpassed Vanguard in April to become the top manager of stock- and bond-fund assets with $864.3 billion, writes Dow Jones. Meanwhile, driven by a rush on four closing funds, Fidelity’s sales hit $5.8 billion for the month, marking the biggest single month for the firm in a decade. Bloomberg reports on that piece of FRC info. Printed from: MFWire.com/story.asp?s=11910 Copyright 2006, InvestmentWires, Inc. All Rights Reserved |