Bloomberg

Bloomberg
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LIFE INSURANCE AND ANNUITIES APR 03, 2008
Gallagher to buy insurance broker

Life Insurance Strategies arranges premium financing of large policies for high-net-worth clients.

REGULATION AND LEGISLATION APR 02, 2008
Senators float bill targeting shady advisers

Two Senators have introduced bipartisan legislation to protect seniors from “unscrupulous financial advisers.”

ALTERNATIVES APR 02, 2008
Hedge manager testifies in Pellicano case

A hedge fund manager testified that a Hollywood private detective once offered to have a movie producer killed for him.

RIA NEWS APR 02, 2008
'Wired wealthy' giving more online

Wealthy donors may be more open to online relationships than charities may realize.

RIA NEWS APR 02, 2008
Bernanke paints bleak picture

The economy could contract in the first half of this year, Ben Bernanke said in testimony today.

RIA NEWS APR 01, 2008
Pax World Funds launches funds

As with all of the firm's funds, socially-conscious investing criteria -- including environmental, social and governance considerations — will be given priority.

ALTERNATIVES APR 01, 2008
REITs outpace indexes in first quarter

Equity REITs posted total returns, including dividends, of 1.4%, while all REITs were down slightly at 0.42%.

LIFE INSURANCE AND ANNUITIES APR 01, 2008
New York Life appoints CEO

A 25-year veteran of the retirement and investment management industry, John Y. Kim comes to NYLIM from Prudential Retirement.

LIFE INSURANCE AND ANNUITIES APR 01, 2008
Phoenix enters life insurance settlements biz

The firm announced its foray into the life settlements industry as the first insurance carrier to buy unwanted policies.

RIA NEWS APR 01, 2008
Conseco feels subprime pain

Insurance company Conseco announced a fourth-quarter earnings loss yesterday attributed to exposure to subprime loans.