Bloomberg

Bloomberg
Displaying 13186 results
RIA NEWS APR 14, 2008
Federated posts strong first quarter

The Pittsburgh-based money manager reported that its preliminary net income rose to $55.8 million, or 55 cents per share.

OPINION APR 14, 2008
Paulson's plan forgot the investors

On March 31, Treasury Secretary Henry Paulson released the Treasury's "Blueprint for a Modernized Financial Regulatory Structure."

ALTERNATIVES APR 11, 2008
London hedge fund sued for late trading

Headstart Advisers and its chief investment adviser, Najy N. Nasser, reaped $198 million in illicit profits, the SEC alleges.

RIA NEWS APR 11, 2008
U.S. import prices spike in March

Fueled by a drastic jump of 9.1% in petroleum import costs, the price of imports increased 2.8%.

ETFS APR 11, 2008
Actively managed ETF launched

Invesco PowerShares Capital Management also has launched an actively managed fixed-income ETF.

LIFE INSURANCE AND ANNUITIES APR 11, 2008
Zurich Financial cuts 400 jobs

Zurich Financial Services announced that it is cutting 400 jobs at its North American business insurance unit.

RIA NEWS APR 11, 2008
Failure of consumer confidence gains steam

The RBC CASH Index fell to 29.5 in April, down from 33.1 in March — an all-time low since it made its debut in January 2002.

MUTUAL FUNDS APR 11, 2008
Vanguard adds adviser to two funds

Baillie Gifford Overseas will be added as an adviser to its $6.9 billion Global Equity Fund and the $980 million Growth Equity Fund.

RIA NEWS APR 10, 2008
U.S. trade gap widens

The U.S trade gap grew by 5.7% in February to $62.3 billion, trumping economists’ expectations for a slight deficit decline.

RETIREMENT PLANNING APR 09, 2008
Hancock launches guaranteed 401(k) rider

Guaranteed Income for Life lets clients to put some of their 401(k) assets into at least one of the firm's lifestyle funds.