Business
BankAmerica Corp. has become the latest mutual fund sponsor to cover shareholder losses caused by so-called derivative securities--in this case, in a money market fund, BofA confirmed Friday.
June 11, 1994
Over the past few months, institutions and mutual fund managers have made one troubling announcement after another about losses on complicated financial products, generically known as derivatives.
July 30, 1994
For years, the finance managers of Westside cities envied the high yields that Orange County earned on its risky investment strategy.
Dec. 11, 1994
In the fashion world, there’s nothing quite like synthetic fibers for transforming haute couture into mass market knock-offs.
Oct. 17, 1991
The $2-trillion mutual fund industry has so far avoided the horrendous losses racked up by other players in the much maligned derivative-securities business.
April 22, 1994
Money & Company
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May 13, 2009
Investment firms do not have to spell out the risks of derivatives unless expressly asked to by investors in the complex securities, according to voluntary industry guidelines released Thursday.
Aug. 18, 1995
The problems apparently are not yet over for money market mutual funds that invested in so-called derivative securities, and at least one affected fund may be searching among its peers for a bailout.
July 29, 1994
Officials of Atlantic Richfield Co. confirmed Friday that it was investments in volatile derivative securities by an ostensibly low-risk employee savings plan that resulted in a $22-million loss last month when interest rates soared unexpectedly.
May 14, 1994
Congress is poised to enact the first significant rollback of the sweeping 2010 overhaul of financial regulations by including in a government spending bill a provision that eases bank trading of complex derivatives.
Dec. 10, 2014