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Sue Asci

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

Displaying 346 results

Topic

Meet and ‘tweet’ the CEO in new Putnam ad campaign

Starting today, advisers and investors will be able to “tweet” all the way to the top of the C-suite at Putnam Investments.

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Lenders lack financial incentive to modify delinquent loans, study finds

Few delinquent mortgage borrowers receive loan modifications because the practice is not profitable for lenders, according to a study released yesterday by the Federal Reserve Bank of Boston.

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Financial firms caught unawares by speed, severity of downturn

The overwhelming majority of financial services firms worldwide were caught looking as the financial crisis descended, according to a survey released by Ernst & Young Global Ltd. of London.

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Blacks, Hispanics lag in 401(k) participation

African Americans and Hispanics are less prepared for retirement than their white and Asian counterparts, according to a survey released today.

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Fund launches slow; caution is watchword for investors

While new mutual fund launches are lagging last year's total, fund firms continue to introduce new products, even in the down market.

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Morningstar steps up number of commodity categories

A growing number of ETFs and mutual funds investing in commodities has led Morningstar Inc. to introduce six new commodity categories, four sector categories and one broad commodity asset class to its classification system.

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Ivy Funds splits with Henderson Global Investors

The Ivy Funds has filed with the Securities and Exchange Commission to terminate its subadvisory agreement with Henderson Global Investors Inc. for management of the $220 million Ivy European Opportunities Fund (IEOAX).

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Pimco launches high-end muni-bond fund

Pacific Investment Management Co. LLC has launched a fund that invests in high-quality municipal bonds.

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Lord Abbett revamps large-cap funds in bid to raise profile

In a move to increase awareness of its large-cap mutual funds, Lord Abbett & Co. LLC announced today it has changed the names of four of its large-cap offerings and lowered the expense ratio on one of them.

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T. Rowe Price opens its first large-cap core fund

T. Rowe Price Group Inc. launched the U.S. Large-Cap Core Fund (TRULX), which will invest in both growth- and value-oriented large-cap stocks.