Dec. 15–Investors should consider selling their holdings in Invesco Funds. The securities and consumer fraud charges recently filed against the firm and its chief executive officer by state and federal authorities are more demerits for a fund family that has […]

It’s clear sailing ahead for a couple who met during a regatta. Elizabeth Carmany and George Perreten were married recently at Trinity Church in Newport, R.I. Their reception was at the New York Yacht Club in Newport. Formerly of Boston, […]

Hollywood can’t make enough good holiday movies fast enough. Because, after all, how many times can you watch Albert Finney in the musical version of “A Christmas Carol?” Here are some locally flavored holiday movies I’d like to see made. […]

Two former brokers at Prudential Securities’ Boston office yesterday vehemently denied allegation they engaged in widespread fraudulent trading, charging Secretary of State William Galvin’s office ofthrowing out “exaggerated or misstated facts.” The responses by Martin Druffner and Skifter Ajro were […]

Finger pointing follows leap in natural gas prices By SIMON ROMERO New York Times Saturday, December 13, 2003 Houston — Natural gas prices have surged nearly 50% since Thanksgiving despite an apparent lack of events that normally create such spikes, […]

Emerson Poynter LLP Announces Class Action Against Pilgrim Baxter & Associates, Ltd. on Behalf of Purchasers of PBHG Family of Funds — PBHG, PBHEX, PBTCX, PBMCX HOUSTON, Dec. 13, 2003 (PRIMEZONE) — A class action lawsuit has been filed in […]

Q: I have a With Profits Investment Bond that I took out with NPI in 1995. Although it produced good growth in the early years its value has reduced substantially of late and I understand returns inthe future are likely […]

MMO2 The mobile group spun off from BT, which owns O2 in the UK, is a favourite of SG Securities, which was telling its clients to buy shares again this week. Growth in Germany should bring economies of scale, SG […]

ABBEY National said yesterday it was considering “all the options” for its (pounds) 28bn fund management business in Glasgow – a statement which will further fuel fears that it is about to sell orclose the operation. Talk has been rife […]

Dec. 12–Massachusetts on Thursday charged Prudential Securities with improper mutual fund trading and demanded the company, now part of Wachovia Corp., pay restitution to investors. Prudential failed to supervise brokers and branch managers in its Boston office and “knowingly furthered […]

Dec. 12–What will Harvard President Larry Summers say about paying the nonprofit university’s top money managers as much as $40 million for their good work last year? More than most, Summers should appreciate Harvard Management Co.’s pay-for-performance compensation system, which […]

IT may not be up there with the half a bar recently forked out by billionaire Philip Green for a little-known rugger player’s shirt, but the thirsty City boys attending Lawrence Dallaglio’s benefitdinner this week were waving their wads. Top […]