Thu, 1 Aug 2013
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We delve into first-half domestic-equity winners, fixed-income outflows, and what may be a brief reopening of a Gold-rated fund in the Vanguard lineup.
The Vanguard founder offers his thoughts on the need for money fund reform, the dilemmas with retirement planning and savings, the fiduciary duty of fund managers, and much more, in this video exclusive to Premium Members.
Investors appeared to be trading interest-rate risk for equity and credit risk in the wake of this summer's rate-driven bond volatility.
As yields rose, both taxable- and municipal- bond funds saw record monthly redemptions in absolute terms in June.
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