Bloomberg

Bloomberg
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ALTERNATIVES OCT 19, 2007
Merrill rolls out platform for hedge funds

Merrill Lynch has launched an independent broker-neutral platform for its prime brokerage clients in the hedge fund industry.

OPINION OCT 19, 2007
IRA beneficiaries beware wrong turns

RIA NEWS OCT 18, 2007
Americans feeling fiscally fit, survey says

Despite careening markets, Americans felt more confident about their financial security.

ETFS OCT 17, 2007
New ETF follows MarketGrader indexes

SPA ETFs, an affiliate of London & Capital, today launched its first U.S. equities-focused ETF on the American Stock Exchange.

RIA NEWS OCT 17, 2007
Lehman gives $10 million to Spelman

Lehman has pledged $10 million to Spelman College to prepare black women for careers in the financial sector.

RIA NEWS OCT 16, 2007
Capital flows fell $163 billion in August

The figure includes the change in banks' dollar-denominated liabilities, which comprised most of the loss.

FINTECH OCT 16, 2007
BATS available via SFTI

A subsidiary of NYSE Euronext announced that connectivity to the BATS market center is available via the Secure Financial Transaction Infrastructure.

ALTERNATIVES OCT 16, 2007
Hedge funds revive in third quarter

Hedge funds pulled out of this summer’s market havoc, recording average returns of 2.44% for the third quarter, according to Morningstar Inc.

RIA NEWS OCT 16, 2007
LPL names head of affiliated B-Ds

LPL has plucked Derek Bruton from a custodian that caters to RIAs to oversee its network of affiliated B-Ds.

WIREHOUSES OCT 16, 2007
Merrill appoints Boston wealth chief

Cory Little will head the private banking and investment unit in Boston's global wealth management group.