With potential risk flares set to fire off from multiple directions, a muni-fund investor’s best defense is a good, long memory.
Long-term flows go negative; muni-bond funds suffer record outflows.
They're neither new nor novel.
Plus, Fidelity Asia managers fired, tax-exempt munis under fire, and more.
Plus, Vanguard says 401(k) investors stayed the course in 2008, Macquarie Group buys Delaware Investments, more leveraged ETF warnings, and more.
Plus, Oppenheimer fund gets a facelift, and more.