Fidelity, Oppenheimer Among Tops In Web Site Survey (Fund Action) -

Outside the Box: Mutual-fund shareholders should protest unfair tax (MarketWatch)

396 Funds Eliminated So Far This Year (MMExecutive) - With four months left to 2009, the pace of mergers and liquidations could top 2008’s 438 total.

Multi-Manager Assets Fell by 24.2% in 2008 (MMExecutive) - Swing is a reversal of five years of growth, study finds.

Absolutely Fabulous? (Barron's This Week Magazine) - Absolute-return funds.

Turner Investment Promotes Zeller (MMExecutive)

A New Hancock Fund Lures $1 Million a Day (InvestmentWires News) - Less than a month after its launch, the Wellington-subadvised fund is already one of Hancock's top sellers.

Hartford is On Fund Track to $100 Billion (InvestmentWires News) - The WSJ takes a look at the aggressive goals top management has handed to The Hartford's mutual fund team, and why they are optimistic.

Active vs. Passive: The Debate Heats Up (WSJ.com) - Investors who rely solely on low-cost index funds in their portfolios may be missing advantages that active management can provide.

Absolute return funds fall short of their name (Wealth Bulletin)

US fund managers fear recovery could take seven years (Wealth Bulletin) - US fund houses fear it could take as long as seven years before their assets under management recover to pre-crisis highs, according to a new report from consultancy McKinsey, which warned asset managers must "fundamentally transform" business models to protect their long-term profitability.