Optimism plummeted to its lowest level in two years this month, according to the UBS/Gallup Index.
Last year, returns at the fund topped 30% after it took over some assets from Amaranth Advisors.
The National Conference of Insurance Legislators has announced a new slate of officers.
Kevin Grant has been chosen as senior vice president of business planning services for Jackson National Life Distributors.
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.
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.
Daniel Young will be responsible for the day-to-day management of the broker-dealer.
Goldman Sachs is aiming to raise up to $6 billion in an effort to patch up the tattered reputation of its hedge fund business.
Claims now stand at 330,000, lower than earlier this month but still up from 322,000 at this time last year.
The Goldman Sachs Group today established Goldman Sachs Gives, a donor-advised charitable fund.
