Bloomberg

Bloomberg
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RETIREMENT RETIREMENT PLANNING AUG 23, 2007
Workers to bosses: chip in on planning

Workers know they have to save for retirement, but they’re lost without financial planning, a study found.

RETIREMENT LIFE INSURANCE AND ANNUITIES AUG 23, 2007
NGA urged to back Nat'l Insurance Act

Two insurance associations want the NGA to support legislation creating an optional federal charter for insurance regulation.

INVESTING ALTERNATIVES AUG 23, 2007
London hedge fund gets summer trim

GLG's European Long-Short, with more than $2 billion in assets, lost 4.4% in value during the first 10 days Of August.

INVESTING ALTERNATIVES AUG 22, 2007
'Carried interest' no cash cow, says study

Raising taxes on private equity managers probably won’t generate a whole lot of money, according to a new study.

INVESTING ETFS AUG 22, 2007
Claymore ETFs bow on NYSE

Claymore has launched three ETFs based on Morningstar Super Sector Indexes on the New York Stock Exchange.

INVESTING ALTERNATIVES AUG 21, 2007
FBR takes $57M loss on securities sale

FBR took a $57 million loss after selling $4.95 billion in agency mortgage-backed securities.

INVESTING ALTERNATIVES AUG 21, 2007
Hedge fund thief nabbed in Greece

Angelo Haligiannis was arrested in Greece and then freed pending an extradition hearing next week.

INVESTING MUTUAL FUNDS AUG 20, 2007
SEC debuts e-filing for mutual funds

The Securities and Exchange Commission has begun its voluntary electronic filing program for mutual funds.

INVESTING MUTUAL FUNDS AUG 20, 2007
Vanguard urges target-date benchmarks

The lack of a benchmark is impeding the growth of target-date funds, according to The Vanguard Group.

NEWS INDUSTRY NEWS AUG 20, 2007
Subprime fallout breeds new kind of ‘vulture’ fund

Money managers are finding a bevy of opportunities in the subprime-mortgage fallout.