Plus, SEC addresses soft dollars, Gabelli settles, and more.
For a change, fund investors have the edge on stock investors.
Plus, Fairholme's new fund bets big on MBIA, and more.
Active funds that deviate only slightly from the index may not be worth it.
These funds look better after taxes than a lot of funds before taxes.
Plus, news on Salomon Brothers Capital , Gabelli, Janus, Vanguard, and more.
The phrase "tax-managed" is death for marketers. Nothing seems to scare away investors more than those words. Although the idea of managing a portfolio in order to maximize returns after taxes makes all the sense in the world, investors don't want to hear about it. Last week, a tax-managed fund, ...