Updated August 26 at 12:31am
Investing
326 results total, viewing 21 - 30
With the possible exception of what the Treasury Department turns out, "Money: Master the Game" – Tony Robbins' new book – may be the most valuable stuff in print. It's absolutely jammed with advice you can take all the way to the bank. … more
Most investors have been caught by surprise by the volatile start to 2016. The strong performance of a few stocks over the last 12 months has masked overall weakness that has persisted in the stock markets. The larger S&P 1500 and the S&P 600 Small … more
The British vote to exit – or Brexit – the European Union last month roiled public pension systems, as uncertainty in the international marketplace sent investors scurrying for less-volatile asset classes. Seth Magaziner, Rhode Island’s general treasurer, oversees the state’s $7.5 billion public pension system. He talks with Providence Business News about Brexit, pension performance through the fiscal year that ended June 30 and the effectiveness of its current asset allocation and assumed rate of return. more
Established in 1998, the financial-services firm Oak Leaf Wealth Management is growing its market in northern Rhode Island and efforts to serve women and millennials. In May, owners Jon Sweet and Mark Williams took over Auclair & Auclair … more
Sean McGarry is vice president and retirement plan service manager at Rockland Trust. He talks with Providence Business News about the recent U.S. Department of Labor ruling on the “conflict of interest” regulation, which is designed to protect investors from hidden fees in retirement-investment advice. McGarry breaks down the regulation and how it could affect clients and financial advisers.v more
(Updated 11:43 a.m. to reflect corrected information) The state pension investment fund lost approximately $471 million in fiscal 2016, marking a 5.9 percent reduction to $7.5 billion compared with fiscal 2015. more
The Lincoln branch of Santander Bank will be its first in Rhode Island to offer a new service designed for its wealthier customers. more
Providence College's $30 million School of Business building, targeted to open in early 2017, is tailored to the needs of business students, but will serve the larger campus as well. "We're not building a silo for the business school," said … more
General Treasurer Seth Magaziner, who took office in January, oversees the Rhode Island public-employee pension plan, which is valued at nearly $8 billion. It is the primary retirement vehicle for 60,000 current and retired state employees, … more
(Updated, 4:48 p.m.) Pointing to the currency crisis in Europe and China’s economic slowdown, Rhode Island’s general treasurer says volatility in the financial markets contributed to the 0.28 percent loss on the state’s pension investments last year. more
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