The Philadelphia Inquirer today features two good op-eds on mutual funds:
Also, the New York Times has this: “Pressure Builds to Cut Fund Fees.”
And, this is particularly interesting from the Financial Times: “US mutuals face flak over costs.” The article discusses how “US mutual fund groups are facing mounting criticism for passing on the rising cost of their liability insurance to shareholders in the wake of the scandals plaguing the industry.” The article notes how “premiums to protect mutual funds and executives against lawsuits have risen more than 300 per cent” as a consequence of the widening mutual fund investigations.
UPDATE: Another aspect to the fee discussion from MSNBC.com: “Fund fees finance interests of lobbyists: Industry favors policies that is seen hurting investors.”
ADDITIONAL UPDATE: On a related mutual fund investigation topic, “SEC head says fund abuses detectable: Chairman Donaldson says fund directors could have seen abuses if fund flow data was monitored” from CNNMoney.com.