Bloomberg

Bloomberg
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ETFS SEP 25, 2007
Vanguard plans three index funds

The Vanguard Group yesterday filed with the Securities and Exchange Commission to offer three index funds.

LIFE INSURANCE AND ANNUITIES SEP 25, 2007
Jackson National unveils annuity

Jackson National Life Insurance Co. today released Jackson AscenderPlus Select, a new fixed index annuity.

ALTERNATIVES SEP 25, 2007
Hedge Fund for Habitat goal $13M

The hedge fund industry has joined with Habitat for Humanity of New York to raise money and help working families achieve home ownership.

MUTUAL FUNDS SEP 25, 2007
Asian fund assets reach $652 billion

Assets in Asia-based mutual funds—excluding those based in Japan—hit a high of $652 billion in 2006, according to a report from Boston-based Cerulli Associates.

ALTERNATIVES SEP 24, 2007
Goldman, KKR have second thoughts

Goldman Sachs Group Inc. and Kohlberg Kravis Roberts & Co. have backed out of their $8 billion buyout of audio equipment maker Harman International Industries Inc. of Washington.

ALTERNATIVES SEP 24, 2007
Morgan Stanley may buy Traxis hedge fund

Morgan Stanley is in talks to purchase a 20% stake in Traxis Partners LP, a hedge fund founded by the company's former chief strategist, Barton Biggs.

ALTERNATIVES SEP 24, 2007
Hedge funds to pounce on Northern Rock

Three hedge funds are set to pounce on Northern Rock, the British mortgage lender.

LIFE INSURANCE AND ANNUITIES SEP 24, 2007
Variable annuities at $1.5 trillion

Combined net assets for variable annuities hit $1.5 trillion during the second quarter, according to a report from NAVA.

MUTUAL FUNDS SEP 24, 2007
A second chance for PMC brand

Envestnet Asset Management Inc. is bringing the PMC brand name back and giving the unit its own sales force.

OPINION SEP 24, 2007
With QDIAs, an overall evaluation is key