Sue Asci
Boston Bureau Reporter at Investment News. Connect with her on LinkedIn.
Boston Bureau Reporter at Investment News. Connect with her on LinkedIn.
Low-quality, beaten-down stocks played a role in driving many stock fund groups to the top percentile of performance in the most recent market rally, according to an analysis published by Morningstar Inc.
While Bernard Madoff’s 150-year prison sentence for orchestrating a $65 billion Ponzi scheme was a just sentence, but whether it will deter future schemes is another question, advisers are saying.
In a response to growing demand from New York clients, American Century Investments today added a new municipal bond fund to its lineup with the launch of the American Century New York Tax Free Fund (ANYIX).
Putnam Investments is planning to close its Franklin, Mass., operations facility and fold it into its Boston headquarters and Andover, Mass., site by the end of the year, a company spokesman said today.
To lure 401(k) business, Putnam Investments will upgrade its technology and expand its service offering, according to a top executive.
A coalition of faith-based in-vestors who were pioneers in the shareholder activist movement is getting set for its…
Having learned a painful financial lesson from the financial crisis, Americans are less likely to fund their lifestyles with credit, according to a new survey.
Bank of America’s predicts modest economic growth in the fourth quarter, the head of the bank’s wealth management division said today.
Hennessy Advisors Inc. today announced that it has signed an agreement with New York-based Sparx Investment and Research USA Inc. to acquire the assets of the Sparx Japan Fund (SPXJX) and Sparx Japan Smaller Companies Fund (SPJSX).
Russell Investments today signed an agreement with Jadwa Investments of Riyadh, Saudi Arabia, to launch the Russell-Jadwa Indexes.
