Bloomberg

Bloomberg
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ALTERNATIVES JUN 05, 2008
AIG and Larch Lane delve into hedge funds

The joint venture expects to invest $50 million to $200 million per deal, covering a variety of hedge fund strategies.

ALTERNATIVES JUN 04, 2008
Foundations turn to alternative investments

Alternative asset allocations increased to 28%, compared with 23% in the previous year.

MUTUAL FUNDS JUN 04, 2008
Forward and Accessor fund firms combine

Forward Management will buy Accessor Capital Management, creating a combined firm with $5 billion under management.

ALTERNATIVES JUN 04, 2008
REITs find home on web

An association has launched <a href=http://Reit.com>Reit.com</a>, a website designed to address all matters related to REITs.

FIXED INCOME JUN 04, 2008
<h1>Bond-rating firms to overhaul fee collection</h1>

The aim is to remove some of the power investment banks have over selecting which rating firms get paid to rate deals.

LIFE INSURANCE AND ANNUITIES JUN 04, 2008
SEC weighs guaranteed securities

The SEC has not decided if synthetic guaranteed minimum withdrawal benefits should be be treated as securities.

ETFS JUN 04, 2008
Three Vanguard ETFs split

Three exchange traded funds from The Vanguard Group Inc. declared a 2-for-1 stock split today.

LIFE INSURANCE AND ANNUITIES JUN 03, 2008
WaMu and Marsh leaders out the door

Washington Mutual board chairman Kerry Killinger and Marsh &amp; McLennan CFO and VP Matthew B. Bartley will leave their jobs.

LIFE INSURANCE AND ANNUITIES JUN 03, 2008
Age not automatic criterium for class actions

Plaintiff&#8217;s attorneys are going to have a tougher time seeking class action status in alleging the improper sale of an annuity.

MUTUAL FUNDS JUN 03, 2008
Direxion launches Dollar Bull fund

Dollar Bull 2.5x Fund seeks daily investment results, before fees and expenses, of 250% of the performance of the U.S. Dollar Index.