Friday, February 6, 2009

Oregon Investigating Oppenheimer Bond Funds

Officials demand financial data from OppenheimerFunds:

Oregon State officials are investigating Oppenheimer, which managed Oregon's College Savings Network:

"The bond funds in question contributed to exorbitant losses in the network's conservative portfolios. OppenheimerFunds' Core Bond fund declined about 35 percent last year. The short-term government fund lost 6 percent last year. By comparison, a benchmark measure of its peers -- Barclays Capital U.S. 1-3 Year Government Bond Index -- gained 6.7 percent."

4 comments:

Unknown said...

I think Oppenheimer are guilty in this case.

Criminal Defense Attorney

Unknown said...

I was working and suddenly I visits your site frequently and recommended it to me to read also. The writing style is superior and the content is relevant. Thanks for the insight you provide the readers!
Intraday Nifty Future Tips

Amit Verma said...

Excellent post.I want to thank you for this informative read, I really appreciate sharing this great post. Buy Property

Unknown said...

There are certainly a lot of details like that to take into consideration, VCPC510, ST0-202, TE0-141, That’s a great point to bring up