While investors and pundits have regarded recent economic news with a hopeful eye, a survey of senior financial executives found most do not think the economy will improve over the next six months.
The majority of financial services firms did not include information about the financial crisis on their websites’ home pages from when the crisis began in October through February, according to a study released today by Weber Shandwick.
A report that ranks funds by their carbon footprints may make it easier for advisers to determine which funds are greener than others — but whether it will help green investing become more mainstream remains to be seen.
While an index of consumer confidence rose in March, those surveyed still plan to be conservative about spending, according to a report released today.
In the latest action against a wave of mortgage scams, a Massachusetts judge has granted a temporary restraining order against a Florida firm, preventing it from doing business in the state of Massachusetts.
In a customer service satisfaction survey of 17 brokerage firms, discount-brokerage firms scored better in terms of navigating clients through the market downturn last year, compared with larger, full-service brokers, according to Consumer Reports.
The average emerging-markets-equity fund gained more than 10% in March — outpacing the returns posted by funds that invest in developed countries, according to Lipper Inc.
MFS Investment Management of Boston has named Douglas Bailey as national sales manager for its mutual fund distribution unit, MFS Fund Distributors Inc.
Job security in the financial sector is still a precarious proposition, but the worst may be over, said Marisa DiNatale, a senior economist at Moody’s Economy.com, a division of Moody’s Analytics Inc. of West Chester, Pa.
Massachusetts Secretary of the Commonwealth William Galvin today charged Fairfield Greenwich Advisors LLC and Fairfield Greenwich (Bermuda) Ltd. with fraud in connection with the Bernard Madoff investment scandal.
