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January 11, 2010

 Past Issues

Mutual Funds

Week In Review

BRIC Funds Top Performers of 2009 Emerging markets funds, particularly those focused on the BRIC nations of Brazil, Russia, India and China, were the top gainers in 2009, soaring an average of 72%, according to Morningstar data. But following emerging markets funds' disastrous 55% decline in 2008, investors are being advised to proceed with extreme caution.

'Boring is Great' Replaces 'Greed is Good'

Vanguard was able to stand out in 2009 despite -- or perhaps because of -- a difficult market environment. In 2009, the Malvern, Pa., fund giant significantly increased its assets under management by 30%, or $93 billion; introduced equity products outside its traditional index sphere; and expanded distribution internationally, according to William McNabb, the company's newly appointed chairman, who still retains the titles of president and chief executive officer.

Climate Change Group Calls on Mutual Funds to Circle the Wagons

Despite an overwhelming consensus among the scientific community that human activity is causing climate change, most of the world's largest investment managers do not factor climate-related trends into their short- and long-term investment decision making, a new study finds. According to a report by Ceres, a coalition of investors, environmental organizations and public interest groups, this short-sightedness is creating trillions of dollars worth of hidden risks in mutual fund and other investment portfolios, such as high energy costs, pollution, water shortages and insurance costs resulting from natural disasters. Sectors like utilities, energy, industrials, manufacturing and the automobile industry have significant exposure to climate risks, the report said.

2010 Outlook Looks Hopeful, Barring Any Surprises

NEW YORK - U.S. and international regulators are widely credited with having saved the global economy from plummeting into a second Great Depression, and the fragile, recovering economy can expect to see continued support for much of 2010, experts say. This support could help stocks rebound anywhere from 2% to 12% this year, depending upon whom you ask, but markets can always defy expectations.

Executive Moves

Executive Moves

Celeghin, Cicero Become Partners at Casey, Quirk Casey, Quirk & Associates has promoted Daniel Celeghin and Grace L. Cicero to partners.