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  2. Mutual fund - Wikipedia

    en.wikipedia.org/wiki/Mutual_fund

    In 1936, U.S. mutual fund industry was nearly half as large as closed-end investment trusts. But mutual funds had grown to twice as large as closed-end funds by 1947; growth would accelerate to ten times as much by 1959. In terms of dollar amounts, mutual funds in the U.S. totaled $2 billion in value in 1950 and about $17 billion in 1960. [18]

  3. MFS Investment Management - Wikipedia

    en.wikipedia.org/wiki/MFS_Investment_Management

    The company was founded in 1924 by Sherman Adams, Charles H. Learoyd and Ashton L. Carr. L. [3] The company's oldest fund is the Massachusetts Investors Trust, a mutual fund created with $50,000 at the company's inception and reported to be "the world's first open-end investment fund". [3] The company used "brokerage channels" to market its ...

  4. Franklin Templeton Investments - Wikipedia

    en.wikipedia.org/wiki/Franklin_Templeton_Investments

    The company's first line of mutual funds, Franklin Custodian Funds, was a series of conservatively managed equity and bond funds designed to appeal to most investors. After Rupert Sr. retired, his son, Charles B. Johnson (Charlie), took over as president and chief executive officer in 1957 at age 24.

  5. Fidelity Investments - Wikipedia

    en.wikipedia.org/wiki/Fidelity_Investments

    Fidelity Investments, formerly known as Fidelity Management & Research (FMR), is an American multinational financial services corporation based in Boston, Massachusetts.. Established in 1946, the company is one of the largest asset managers in the world, with $5.8 trillion in assets under management, and $15.0 trillion in assets under administration, as of September 2024, [4] Fidelity ...

  6. Capital Group Companies - Wikipedia

    en.wikipedia.org/wiki/Capital_Group_Companies

    In 1933, Lovelace's firm took over management of The Investment Company of America, which he had launched at E.E. MacCrone in 1927. [10] For the next 20 years, his firm enjoyed modest success. [11] As mutual funds gained in popularity in the 1950s, Capital's roster of mutual funds grew. [12]

  7. Van Kampen Investments - Wikipedia

    en.wikipedia.org/wiki/Van_Kampen_Investments

    Van Kampen Investments, Inc. (also Van Kampen Funds, Inc. or Van Kampen American Capital) was an American mutual fund company. Formerly independent, it was acquired by Morgan Stanley [ 1 ] in 1996. Most of Morgan Stanley's asset management activities were principally conducted under the Morgan Stanley and Van Kampen brands.

  8. Don't Let Your Mutual Fund Do to You What This One Did ... - AOL

    www.aol.com/news/2012-04-13-dont-let-your-mutual...

    When did the fund's minimum go up from $500 to $1,000? When were the $20 annual maintenance fees introduced? Were the minimum balance penalties -- even if it was entirely the fund manager's fault ...

  9. Putnam Investments - Wikipedia

    en.wikipedia.org/wiki/Putnam_Investments

    In 2006, 48 percent of Putnam's mutual funds scored in the top 50 percent compared with funds in their peer group, an increase of 8 percent from two years prior. [7] However, that same year, an SEC lawsuit accused several former employees, including their transfer agency chief, of "defrauding several mutual funds and a corporate retirement plan ...

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