Sue Asci
Boston Bureau Reporter at Investment News. Connect with her on LinkedIn.
Boston Bureau Reporter at Investment News. Connect with her on LinkedIn.
Brokers are on the move again. Christopher Miller, a former executive vice president and Southwest regional director…
Emerging-markets equity and bond funds, along with global bond funds, experienced substantial inflows over the last week, an indication that investors are now moving farther out on the risk curve, according to a report from Emerging Portfolio Fund Research Inc.
Christopher Miller, a former executive vice president and Southwest regional director at Morgan Stanley Smith Barney in Houston, has moved on to UBS Financial Services Inc. and joined its Houston office as complex director.
Buddy Rogers, who officially tossed his hat in the ring earlier this week for a U.S. Senate seat in Arkansas, thinks there's one important constituency that need a stronger voice in Congress right now: the financial advisory community.
Fidelity Investments is modifying its $90 billion Freedom Funds lineup of target date funds to increase their exposure to international equities, while also adding commodities and Treasury inflation-protected securities into the mix.
Lord, Abbett & Co. LLC is exiting the business of offering bundled 401 (k) plans — and has agreed to transition its nearly $1.2 billion in 401(k) assets to The Hartford Financial Services Group Inc.
An internal committee of the Financial Industry Regulatory Authority Inc. has submitted a draft report analyzing the regulator's processes for scrutinizing securities firms in the wake of the high-profile investment scandals involving Bernard Madoff and R. Allen Stanford.
Massachusetts Secretary of the Commonwealth William Galvin's Division of Securities sent a letter yesterday to Judge Paul Gardephe of the U.S. District Court for the Southern District of New York to oppose any proposals to “claw back” money from investors in The Reserve Primary Fund who withdrew their investment just prior to the fund's closure.
Putnam Investments of Boston today tweaked its slate of target date funds, and unveiled a new hybrid strategy across its platform of retirement fund offerings.
The Bank of Montreal has filed a $9.2 million (C$10 million) lawsuit against one of its investment advisers…
