Bloomberg

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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.

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.

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.

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.

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.

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

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.

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.

ALTERNATIVES FEB 11, 2008
How Lee Ainslie does it

As [Lee] Ainslie [founder of Maverick Capital Ltd. of Dallas] began attracting assets and adding investment staff, he created a business model that differs slightly from those of most large funds, which generally fall into two categories.

ALTERNATIVES FEB 11, 2008
Hedge fund advice from an old sage

Because of the market volatility of recent days, determining which hedge funds will perform well is as difficult a task as it has ever been.