This despite news of several hedge funds shutting down or losing on bets gone bad.
Our list consists of no-load diversified U.S. equity funds with the best records since March 2000.
We eliminated sector funds from consideration because they tend to do well in spurts only.
While most hedge funds underperformed the U.S. stock market in 2012, Tepper trounced it.
All these nest eggs of Berkshire Hathaway shares are the trust funds of the ordinary shareholders.
There are wannabe Soroses managing mega hedge funds, without the transparency required of Berkshire Hathaway.
In the mid-1990s Kam and a partner started a mutual fund called Firsthand Funds.
That's no small feat, given the consistent underperformance of actively managed funds in general.
After adjustment for risk the active funds' edge grows to 1.3 points a year.
Most of Vanguard's active stock funds are run by outside managers hired for their particular expertise.
Lipper gets its numbers from the "Statement of Additional Information" that funds file with the SEC.
Instead, as state law demands, the funds went to a special pool reserved for building schools.
Bank of America said Wednesday it is still considering options for its money market funds group.
Through the Wadhwani Foundation he funds skills and talent training and entrepreneurship programs in India.
Unlike depositors, these investors could not withdraw their funds on demand whenever bad news surfaced.
The cheapest index funds like the SPDR (SPY, 113) take only a hair off.
Also, these funds are among the most volatile in their respective stock and bond categories.
All five of these companies now yield more than the 0.5% average yield of money market funds.
In equity derivatives, for example, there are the options exchanges and the blossoming industry of electronic-traded funds.
One of the most successful funds is Vanguard Health Care, run by Edward Owens of Wellington Management.
Hedge funds have even tracked corporate jets, whose routings might reveal executives heading off for merger talks.
Mark Tucker, a founding member of the company, said without the funds the service would "simply cease".
Investments flowed into funds on the strength of equity markets and the red-hot commodities and energy markets.
Hey, Schwab brokers promote Schwab index funds, when they could send you to cheaper alternatives from Vanguard.
Distressed debt funds are swarming around portfolios of assets that banks are selling to reduce their risk exposure.
To combat this, the reserve is trying to raise awareness and necessary funds by encouraging tourists to visit.
Tough questions must be asked and answered and legitimate conditions imposed before more funds are given.
"We will support Asian countries by mobilising funds, " said Aso told delegates in Davos.
Will changes in the Federal Reserve's funds rate help or hinder their efforts to produce?
Robert is the former Chairman and CEO of the Oppenheimer group of mutual funds.
FORBES: Bernanke Admits QE2 May Fail, Requests Fiscal Stimulus Now
应用推荐