Bloomberg

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RIA NEWS FEB 15, 2008
Economic growth number is anemic

Several sectors of the economy experience minimal growth.

RIA NEWS FEB 15, 2008
Trade deficit number improves slightly

Balance of trade deficit dips to $58.2 billion in December, according to report from the Commerce Department.

FIXED INCOME FEB 15, 2008
Regulator weighs muni transparency issues

MSRB seeks comments on whether more information about municipals should be disclosed.

LIFE INSURANCE AND ANNUITIES FEB 14, 2008
Allianz Life arm agrees to pay $10 million fine

Insurer settles with California over allegedly inappropriate fixed annuity sales.

ALTERNATIVES FEB 14, 2008
Morningstar to rate hedge funds

Morningstar has expanded its ratings coverage to hedge funds.

RETIREMENT PLANNING FEB 14, 2008
Fido’s DC record-kept assets grow

Defined contribution record-kept assets at Fidelity Investments grew 8% last year.

RIA NEWS FEB 14, 2008
RBC Dain to acquire Ferris Baker

RBC Dain Rauscher will acquire Ferris Baker Watts Inc., a broker-dealer in Washington.

RIA NEWS FEB 14, 2008
Euro GDP growth is slowing down

The rate of growth in European economies slipped in the fourth quarter, according to the European Union Statistics Office of Luxembourg.

MUTUAL FUNDS FEB 14, 2008
Vanguard’s McEvoy plans to retire in June

Earl E. McEvoy, an asset manager for three of The Vanguard Group’s mutual funds, will retire on June 30.

RIA NEWS FEB 14, 2008
UBS posts loss; Sun Life’s earnings increase

UBS reports a record $11.3 billion fourth quarter loss.