Mutual funds back fixed income ahead of equity comeback
Tax breaks for corporate bonds and a hunt for better returns as interest rates declined, leading to higher allocations for fixed-income assets in mutual funds, are expected to continue in 2016,...
View ArticleMutual funds brace for mass withdrawals
The mutual fund industry is warning that high taxes on fixed income returns will lead to mass withdrawals, funds winding down and a couple hundred job losses, according to a report submitted to...
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