Bloomberg

Bloomberg
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MUTUAL FUNDS AUG 25, 2008
Appeal of 130/30 funds swells

The wild popularity of 130/30 funds notwithstanding, recent analysis of the unique long-short strategy suggests that advisers would be wise to check under the hood for a closer look at the portfolio and not just jump in to the latest marketing craze.

ETFS AUG 25, 2008
XShares to revamp HealthShares ETFs

Fifteen HealthShares exchange traded funds will close as part of a reorganization of the 19 HealthShares ETFs.

LIFE INSURANCE AND ANNUITIES AUG 25, 2008
NAIFA knocks SEC annuities proposal

The group will oppose the SEC's proposal to regulate certain indexed annuities as securities.

RIA NEWS AUG 25, 2008
Paying for college without tears

MUTUAL FUNDS AUG 25, 2008
PIMCO boosts fees on share classes

Pacific Investment Management Co. is raising fees as of Oct. 1 on the institutional share classes of several funds.

LIFE INSURANCE AND ANNUITIES AUG 25, 2008
Sun Life ups bonus credit for VAs

Sun Life Financial has introduced a 6% bonus credit for customers of its Masters Extra variable annuity.

FINTECH AUG 22, 2008
Networking, Monte Carlo & E.T. investing

It’s not often a really cool social networking site just for financial advisers comes along.

RIA NEWS AUG 22, 2008
Bernanke: Battered economy will revive

This is "one of the most challenging economic and policy environments in memory,” the Fed chief said today.

LIFE INSURANCE AND ANNUITIES AUG 22, 2008
Penn Treaty backs off LTC policies

Penn Treaty American’s reinsurer has withdrawn its agreement to back long term care policies written by two subsidiaries.

LIFE INSURANCE AND ANNUITIES AUG 22, 2008
NAVA names president and CEO

Catherine J. Weatherford replaces Mark Mackey, who in January announced that he would step down from the post.