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Sue Asci

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

Displaying 346 results

Topic

Van Kampen adds six equity funds

The funds, advised by Van Kampen Asset Management Inc. and subadvised by O’Shaughnessy Asset Management LLC of Stamford., Conn., will bear the Van Kampen O’Shaughnessy name and follow enhanced-dividend, large-cap-growth, all-cap-core, small-/mid-cap-growth, international and global strategies.

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Finra moves to keep broker misdeeds on permanent record

The Financial Industry Regulatory Authority Inc. has announced that it is proposing to expand its BrokerCheck service to include disciplinary records of brokers permanently even if they are no longer employed in the industry.

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Fidelity funds land on Lemon List

Four out of the top 10 largest mutual funds on Doug Fabian’s Lemon List for the first quarter were from Fidelity Investments.

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Two to lead SEC Division of Trading and Markets

Securities and Exchange Commission Chairman Mary Schapiro has named two of the agency’s deputy directors to lead its Division of Trading and Markets.

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Federated names exec director for international distribution

Federated Investors Inc. announced today the appointment of vice chairman Gordon J. Ceresino to the newly created posts of president of Federated International Management Ltd. and executive director for international distribution.

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Schumer to include ‘say on pay’ in bill

Sen. Charles Schumer is planning to introduce legislation which would mandate that public corporations give shareholders an advisory vote on executive compensation.

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Study: 44 states face budget deficits in the current fiscal year

Only a few months into fiscal year 2009, 44 states reported this month that they face a combined total of $62.4 billion in budget gaps, according to a report from the National Conference of State Legislatures.

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Spark Institute: Investors prefer 401(k) plans to government bonds

Most investors don’t want to see employer-sponsored retirement plans replaced with government bonds, according to a white paper issued yesterday by The Spark Institute, a retirement services industry organization.

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Morningstar unveils study of the best and worst 529 plans

Morningstar Inc. today released its annual list of best and worst Section 529 college savings plans.

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Janus profit plummets 93% in first quarter

Janus Capital Group Inc. today reported a first-quarter net income of $2.7 million, or $0.02 per share, representing a 65% decline from $7.8 million in income for the fourth quarter of 2008.