After a weekend sweep of the New York Yankees, Boston may be atop the American Leagues Eastern Division. But, according to The Boston Globe, the citys 80-year position as the No. 1 hub for mutual funds in the nation might be faltering, not just because of the recent scandal.
A research firm has concluded that the percentage of money put into Boston fund firms plummeted from 42% of the total market in 1994 to 8% in 2003, thanks to the scandal and its effects on
Growth of assets at fund complexes including
The report, put out by