Bloomberg

Bloomberg
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MUTUAL FUNDS FEB 11, 2008
New mutual fund taps alternatives market

A new mutual fund is purchasing alternative investments — a strategy designed to defy market volatility when stock and bond prices are plunging.

RIA NEWS FEB 11, 2008
Showing a little faith

People are no longer content to merely walk with God. They want to invest with him, too.

LIFE INSURANCE AND ANNUITIES FEB 11, 2008
AIG stock tumble as it re-evalutes debt

The value of its super-senior-credit-default swap portfolio declined $5.9 billion and not $1.6 billion, AIG reported to the SEC.

OPINION FEB 11, 2008
Defined Benefit Plans Can Boost Retirement Savings of Self-employed

REGULATION, LEGAL & COMPLIANCE FEB 08, 2008
Regulators act to protect seniors

The SEC, FINRA and NASAA will seek input on firms’ best practices to protect senior investors.

RIA NEWS FEB 08, 2008
Stimulus package may improve GDP

The gross domestic product will improve slightly because of the $150 billion economic stimulus package.

MUTUAL FUNDS FEB 08, 2008
Dreyfus appoints new top management

John Baum named chief executive, J. Charles Cardona to be president when Tom Eggers retires.

LIFE INSURANCE AND ANNUITIES FEB 08, 2008
Phoenix to spinoff asset management

Company wants to be a high-net-worth 'pure-play', reports a 90% drop in fourth-quarter income.

ALTERNATIVES FEB 08, 2008
Hedge funds hit hard in January

Hennesse Hedge Fund Index falls 2.4%, the fourth worst month ever.

LIFE INSURANCE AND ANNUITIES FEB 08, 2008
Net lower at Nationwide, Protective Life

Fourth quarter profits down 50% at Nationwide, off 29% at Protective Life.