Bloomberg

Bloomberg
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RIA NEWS NOV 26, 2007
Investor optimism in free fall

Optimism plummeted to its lowest level in two years this month, according to the UBS/Gallup Index.

ALTERNATIVES NOV 26, 2007
Citadel said to book 27% return

Last year, returns at the fund topped 30% after it took over some assets from Amaranth Advisors.

MUTUAL FUNDS NOV 26, 2007
Fidelity funds abstain on some proxy resolutions

Top funds operated by Fidelity Investments stopped voting against shareholder resolutions that urge disclosure of corporate political spending for the 2007 proxy season, according to a study by a group that advocates for transparency in political spending.

LIFE INSURANCE AND ANNUITIES NOV 26, 2007
Jackson Life selects senior VP

Kevin Grant has been chosen as senior vice president of business planning services for Jackson National Life Distributors.

ALTERNATIVES NOV 26, 2007
Goldman plans new hedge fund

Goldman Sachs is aiming to raise up to $6 billion in an effort to patch up the tattered reputation of its hedge fund business.

ETFS NOV 26, 2007
Rydex chases rivals with glitzy new ads

Rydex Investments of Rockville, Md., is hoping that a glitzy new marketing campaign that includes television commercials will help it overcome the head start its chief rival has taken with regard to inverse and leveraged exchange traded funds.

RIA NEWS NOV 26, 2007
NFP Securities taps prez and COO

Daniel Young will be responsible for the day-to-day management of the broker-dealer.

RIA NEWS NOV 21, 2007
Conference Board sees slowing economy

Seven of the 10 indicators were in negative territory, led by building permits and initial claims for unemployment insurance.

RIA NEWS NOV 21, 2007
Unemployment claims fall last week

Claims now stand at 330,000, lower than earlier this month but still up from 322,000 at this time last year.

RIA NEWS NOV 21, 2007
'Devastating' oil prices daunt consumers

Consumer sentiment fell to the lowest level in two years, as rising fuel and food costs strained household budgets.