After a weekend sweep of the New York Yankees, Boston may be atop the American League’s Eastern Division. But, according to The Boston Globe, the city’s 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 Putnam and MFS, but also the growth of huge fund firms elsewhere.

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