Sue Asci
Boston Bureau Reporter at Investment News. Connect with her on LinkedIn.
Boston Bureau Reporter at Investment News. Connect with her on LinkedIn.
If averages are any guide, then there is good news for mutual fund investors because actively managed U.S. stock funds have outperformed the S&P 500 so far this year.
A growing number of fund managers are optimistic that the economy is recovering — despite a recent sell-off in bonds, according to a survey.
inancial Research Corp. LLC named Bruce Fador its chief executive officer. Mercatus LLC acquired FRC, a Boston-based research and consulting firm, in November and has been searching for a chief executive since then.
It is the 40th anniversary of the summer of love, so perhaps it is fitting, if not cool, that a generation gap over their view of money divides parents from their young-adult children.
More than two dozen industry and association representatives will weigh in on whether target date funds need to be redesigned at a June 18 hearing with the Securities and Exchange Commission and the Department of Labor.
While most wealthy investors agree that opportunities exist in the current market, they are not taking advantage, due to the risk of further price declines, according to a report released today by Barclays Wealth.
The Reserve Primary Fund, which had $4.5 million in assets as of June 10, had total expenses of $16.6 million from Sept. 15 through June 10, which included $15 million in management fees, according to a statement issued by The Reserve Management Co. Inc. last week.
The SEC announced today that it has obtained an emergency court order and asset freeze to shut down an alleged scheme that promised big returns to investors and then blamed administrative glitches and an assortment of other excuses to explain why the payments never materialized.
The Securities and Exchange Commission and the Alabama Securities Commission announced today that they have charged Aura Financial Services Inc., a Birmingham-based broker-dealer, with churning customer accounts, supervisory failures and other violations.
Online charitable giving provides only a small slice of revenue for charities, but that is changing, according to a survey of 400 non-profit organizations conducted by Convio Inc.
