Sue Asci
Boston Bureau Reporter at Investment News. Connect with her on LinkedIn.
Boston Bureau Reporter at Investment News. Connect with her on LinkedIn.
The Securities and Exchange Commission today voted unanimously to propose rule changes for the $3.8 trillion money market mutual fund industry — including new liquidity requirements to prevent runs on such funds.
Stock and bond mutual funds had net inflows of $55.5 billion in May, according to a report released today by Financial Research Corp. of Boston.
The Fidelity Charitable Gift Fund today announced that its board has voted to reduce the minimum-asset requirement for its Charitable Investment Advisor Program.
The majority of employers think 401(k) plans are working generally and that subpar performance last year was the fault of the economy, not the basic structure of the system, according to a survey released today.
Many financial advisers think that the best way to rebuild their businesses after the economic downturn is to find new clients.
Dismal economic conditions are forcing Fidelity Investments to shut down a private-equity unit.
A congressional committee has issued a second subpoena to the Federal Reserve Board for information concerning the government’s role in the acquisition of Merrill Lynch & Co. Inc. of New York by Bank of America Corp. in Charlotte, N.C.
Mortgage rates have declined this week, reversing three weeks of rising rates, according to a report from Bankrate.com.
After watching their portfolios get battered, investors are looking for investments that promise guaranteed returns for retirement, a survey found.
Don’t dust off the trusty old credit cards and go on a spending spree just yet — but the economy seems to be gaining strength.
