Bloomberg

Bloomberg
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RIA NEWS JAN 09, 2008
Two hot 529 contracts off the table

New Jersey and Iowa 529 college savings plan contracts, up for renewal this year, are now out of play.

RIA NEWS JAN 09, 2008
Ameriprise loses top producer to LPL

Charles Zhang, consistently Ameriprise's No. 1 producer this decade, left Jan. 2 to join LPL.

ALTERNATIVES JAN 09, 2008
Hedge funds outpace rivals in December

The HFR Fund Weighted Composite Index advanced 0.68% in December and gained 10.4% in 2007.

MUTUAL FUNDS JAN 09, 2008
Mutual Fund sales to hit $340B by 2012

Despite fierce competition, mutual fund net sales will grow at 2% annually, hitting $340 billion by 2012, FRC predicted.

LIFE INSURANCE AND ANNUITIES JAN 09, 2008
Regulators eyeing MBIA

MBIA Inc. said that the SEC and the New York Insurance Department have started informal inquiries into a deal that the company made with private-equity firm Warburg Pincus LLC.

RIA NEWS JAN 08, 2008
NPH names new chief financial officer

Maura Collins is CFO and Vanessa Rodriguez has been promoted to vice president and controller.

LIFE INSURANCE AND ANNUITIES JAN 08, 2008
MassMutual CEO to helm retirement

She will replace Fred Castellani, who will retire at the end of February, ending a 12-year career with the firm.

LIFE INSURANCE AND ANNUITIES JAN 08, 2008
Fixed-income issuance to fall to $3.4 trillion

That’s a 15% decrease from the estimated $4.0 trillion issued last year, according to a SIFMA forecast.

RIA NEWS JAN 08, 2008
Doherty to lead PMFM RIA firm

Judson P. Doherty will be responsible for the delivery of PMFM’s 401k Toolbox service.

ETFS JAN 08, 2008
Pershing launches ETF center

The center features a search functionality that allows customers to identify ETFs that meet certain investment criteria.