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ALTERNATIVES MAR 10, 2008
Blackstone books precipitous loss

Blackstone Group today announced fourth-quarter losses of $170 million, compared with a profit of $1.18 billion one year earlier.

RIA NEWS MAR 10, 2008
Wholesale stats rebound in January

Farm product sales jumped 16.1% for January and 73.3% from the year-ago period.

RIA NEWS MAR 10, 2008
Don't count out clean-energy stocks, some say

The big hit clean-energy stocks have taken this year is just an expected correction, not the end of a fad, green-investing advocates say.

ETFS MAR 10, 2008
Bear unveils actively managed ETF

the Bear Stearns Current Yield Fund (YYY) will begin trading on the American Stock Exchange on March 18.

RIA NEWS MAR 10, 2008
529 industry vocal in finalizing fed tax rules

The Section 529 college savings plan industry is trying to make sure that the Internal Revenue Service doesn't rain on its parade.

RIA NEWS MAR 10, 2008
An alternative fleece

If hedge funds are becoming too commonplace, Michael Goldston offers jaded high-net-worth investors an alternative investment whose distinctiveness will knock their socks off and keep their feet toasty at the same time.

FINTECH MAR 10, 2008
Integrated software still an impossible dream

Problems come and problems go, but linking adviser tools so that data entered once can populate several software programs — that's a problem that seems eternal.

LIFE INSURANCE AND ANNUITIES MAR 10, 2008
Nationwide Mutual to buy back shares for $2.2B

The move is intended to simplify the mutual company's ownership structure, according to the firm.

ETFS MAR 10, 2008
SEC rule change would eliminate exemptive orders for ETFs

Investors will be the ultimate winners if a Securities and Ex-change Commission proposal to permit exchange traded funds to operate without having to obtain individual exemptive orders becomes a reality.

FINTECH MAR 10, 2008
eMoney updates 360Pro suite

The firm's version 5.2 of its eMoney Advisor 360Pro suite of online financial planning tools will launch this month.