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Sue Asci

Boston Bureau Reporter at Investment News. Connect with her on LinkedIn.

Displaying 346 results

Topic

Putnam to lower management fees, add performance fees on some funds

Putnam Investments has announced it is lowering management fees on several of its retail mutual fund categories in order to be more competitive.

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Criminal convictions, jail time on rise for financial fraudsters

State securities regulators are putting more financial fraudsters behind bars, and those convicted of crimes are receiving increasingly stiff jail sentences.

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Merrill taps Dupuy to head global investment solutions group

Merrill Lynch Global Wealth Management of New York today appointed Chris Dupuy head of global investment solutions.

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Wealthy and affluent high on economy, leery of market

Although affluent and millionaire investors may be more optimistic about the economy, they are still not confident about the stock market, according to a survey released today by Phoenix Marketing International of Rhinebeck, N.Y.

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Hockey star says money manager bilked him of $43M

Former Detroit Red Wings hockey star Sergei Federov has filed a lawsuit charging a Michigan man and his businesses with swindling him out of $43 million.

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Power Play launches non-traded solar energy index

Power Play Research today launched the Power Play Global Solar Energy Index (PPGSEI), which will record the performance of more than 50 solar energy companies in developed countries worldwide.

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Compensation for board directors decreased in 2008, survey says

Compensation for directors of the 200 largest public companies dropped to an average of $244,899 in 2008, reflecting a 2.4% decline from $250,835 in 2007, according to a new study.

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Green Century touts small carbon footprint in fund

In a move to raise awareness about transparency in green investing, Boston-based Green Century Capital Management Inc. today announced the results of a carbon analysis of one of its mutual funds.

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All-bond allocation unwise despite equity jitters, says Ibbotson

Despite the superior performance of fixed-income assets recently, an all-bond asset allocation is unlikely to deliver investors the returns they need in the future, according to analysis released by Ibbotson Associates, the research division of Morningstar Inc. of Chicago.

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SEC charges Morgan Stanley and ex-adviser with misleading clients

Morgan Stanley has agreed to pay a $500,000 penalty to settle charges that the firm and a former investment adviser misled clients about the money managers recommended to them and for failing to disclose conflicts of interest, the Securities and Exchange Commission announced today.