Sue Asci
Boston Bureau Reporter at Investment News. Connect with her on LinkedIn.
Boston Bureau Reporter at Investment News. Connect with her on LinkedIn.
Federated Investors Inc. plans to submit an application to participate in the Department of the Treasury’s Public-Private Investment Program, according to a report in the Pittsburgh Tribune-Review.
Things are looking up for the economy, according to more than 2,177 chief executives who participated in the Vistage CEO Confidence Index in the first quarter, according to a report released today.
The market’s recent six-week rally has some money managers eyeing portfolio positions and in some cases taking advantage of the values from beaten-down stocks that are making a rebound.
T. Rowe Price Group Inc. said Wednesday that reeling markets sent its first-quarter profit tumbling by more than two-thirds, and the investment manager announced plans to cut 288 jobs, or 5.5% of its work force.
Government support of a green economy and the likelihood of rising oil prices are creating opportunities in alternative energy, according to Calvert Asset Management.
Global hedge fund assets are expected to fall to $1 trillion by midyear, down from $1.4 trillion at the end of 2008 and a peak of $1.868 trillion in 2007.
Charles Schwab Investment Management Inc. today announced changes to its target date fund series, including a reduction in expenses and a shift to a more conservative allocation.
Although small-business owners think that an employer-sponsored retirement plan helps with hiring and retaining employees, nearly 40% don’t offer the benefit, according to a recent survey.
A Purchase, N.Y.-based asset management firm has made several changes to its money management systems to safeguard its clients following allegations made last week that one of its principals may have made unauthorized withdrawals from clients' accounts.
Passively managed funds outperformed actively managed funds across all categories during the past five years according to Standard & Poor’s Index Services, which was released today.
