Bloomberg

Bloomberg
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FIXED INCOME FEB 12, 2008
Buffett rides to rescue of bond insurers

Warren Buffett has made an offer to three large municipal bond insurers to reinsure $800 billion in municipal bonds.

LIFE INSURANCE AND ANNUITIES FEB 12, 2008
Goldman offers twist on life settlements

Goldman Sachs has created an index for investors seeking opportunity in longevity and mortality risk.

ALTERNATIVES FEB 12, 2008
Hedge funds head south for winter

Hedge funds in January had their worst performing month in more than five years, according Greenwich Alternative Investments.

MUTUAL FUNDS FEB 11, 2008
Legg Mason, Citibank team to offer funds to Chinese investors

Legg Mason Inc. has partnered with Citibank (China) Co. Ltd. to launch mutual funds designed for retail investors in China.

ETFS FEB 11, 2008
Competitive yields make muni ETFs attractive

Exchange traded funds that invest in municipal bonds are looking more attractive these days, thanks mostly to their competitive yields.

FINTECH FEB 11, 2008
Ameriprise requires advisers to attend technology boot camp

Ameriprise Financial Inc. is calling 10,000 of its financial advisers to its headquarters for technology training on a grand scale.

RETIREMENT PLANNING FEB 11, 2008
Annuities gain ground in retirement market

Despite initial concerns about portability, cost and complexity, annuities in defined contribution plans are slowly gaining momentum, according to a new report.

MUTUAL FUNDS FEB 11, 2008
SEC mulls letting directors delegate some responsibilities

The Securities and Exchange Commission is considering allowing mutual fund directors to delegate some of their duties, but critics say such a move will weaken the ability of directors to act as investor watchdogs.

RIA NEWS FEB 11, 2008
Futures markets handicap winners of primaries

Speculators seem to know more than political pundits when it comes to predicting election outcomes.

MUTUAL FUNDS FEB 11, 2008
Vanguard edges American as top mutual funds seller