NAPFA

2 Posts taged as NAPFA
Posted By: CFP&WM On: Jun 15th, 2012 In: Money Matters

Morgan Stanley Facebook IPO: Small Investors Screwed Again

Morgan Stanley is reportedly facing at least two lawsuits and a U.S. Senate Committee hearing, all stemming from the recent Facebook IPO debacle. The suits allege that analysts at Morgan Stanley (MS) had lowered their second-quarter and full-year forecasts for Facebook in the days ahead of the IPO and shared their findings via phone calls with certain institutional investors, …

Posted By: CFP&WM On: Jun 12th, 2012 In: Money Matters

Closed End Funds: The Too-Well-Kept Secret

Most investors are familiar with open-ended mutual funds, which are bought and sold at the end of the day based on the Net Asset Value (NAV) of the fund’s holdings. As new money comes into these open-ended funds, more shares are issued by the mutual fund company.

But too few investors have ever heard of a Closed End Mutual Fund …