MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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|
MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Monday, June 17, 2013 Bogle Flares Up at Morningstar A man of strong opinions, to put it lightly, John Bogle is speaking up about proposed rules for money-market mutual funds. MFWire covered his Morningstar speech Thursday, but other news outlets took note as well. The Vanguard [profile] top dog suggests that such rules are basically failing, asserting that they don't fully protect investors or the financial system as a whole, Bloomberg reports. Bogle slammed fund-company executives at the Morningstar Investment Conference on Thursday, stating that money-market fund net-asset values fluctuate and "they don’t want to let the world know." For more, see the story here. Printed from: MFWire.com/story.asp?s=44332 Copyright 2013, InvestmentWires, Inc. All Rights Reserved |