Cash rush hits small-cap funds

Article Abstract:

Small-cap stock fund managers are turning down cash from investors who are trying to capitalize on the strong small-cap stock rally. Some fund managers say that they closing funds to investors because they do not have enough manpower to make investments to deploy cash. Furthermore, they claim that staying open would force them to take more small positions, a development that could negatively affect their performance.

Money Market Invest Funds

---

Stars above! Some investors seeking astrological guidance - really

Article Abstract:

An increasing number of investment companies have begun seeking astrological guidance in making their strategies or next moves. Investors have started to consider astrology as a factor in driving stock market trends after realizing that stock market crashes of 1857, 1873, 1929 and 1987 happened a day or two before a new moon. Analysts who believe in astrology predict that the stock market may face a downturn on or before June 2, 2000 when a new moon is scheduled to rise.

---

Internet funds start to diversify; some disappear

Article Abstract:

The mutual fund industry has started to diversify as a result of the decline of Internet stock prices. A case in point is Monument Internet fund's reshuffling which is shifting its focus to companies involved in digital technologies instead of concentrating on just the Internet. The company is even dropping the Interent word from its name by calling itself the Monument Digital Technology fund. The reshuffling comes in the wake of the shutdown of another Internet fund and the resignation of the founder of another company.

Market information - general

Similar abstracts:

• Abstracts: How the ad matchup is shaping up: rookie dot-coms crowd ad lineup. ABC scrambles to sell Super Bowl ad time

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.