Bloomberg

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NEWS INDUSTRY NEWS AUG 06, 2007
Value or growth — which is No. 1?

PHILADELPHIA — The two biggest names in indexing don’t agree on the relative performance of value and growth stocks during the first half of the year.

NEWS INDUSTRY NEWS AUG 06, 2007
New fund sees gold in water investments

NEW YORK — An investment company has hired an environmental engineer to run a mutual fund that invests in water infrastructure. The company calls it the only actively managed fund that makes such investments.

NEWS REGULATION AND LEGISLATION AUG 06, 2007
Adviser group pushes for U-5 reporting reforms

IRVINE, Calif. — The Wealth Advisor Institute is calling for reform of the broker-termination-reporting process.

NEWS BROKER DEALERS AUG 06, 2007
Arbitration panel raps FSC in detailed decision

NEW YORK — FSC Securities Corp. last month was taken to task in an NASD arbitration panel decision.

INVESTING ALTERNATIVES AUG 03, 2007
Merrill accelerated Bear hedge debacle

Merrill Lynch helped speed up the deterioration of one of Bear Stearns' collapsed hedge funds.

INVESTING ALTERNATIVES AUG 03, 2007
Barclays launches Int'l REIT ETFs

Barclays Global Investors today launched the first iShare ETF to invest in international real estate via real estate investment trusts.

INVESTING ALTERNATIVES AUG 02, 2007
Two major hedge funds post losses

The Raptor Fund fell 9% last month, while Caxton Associates' flagship hedge fund fell about 3%.,

NEWS INDUSTRY NEWS AUG 02, 2007
Waddell promises platform for top reps

Waddell & Reed will offer its advisers updated technology and a new outside platform for its top 300 reps.

NEWS INDUSTRY NEWS AUG 01, 2007
Star reps to divvy $28M in bonuses

For the second consecutive year, LPL Financial Services is giving a bump to its bigger-producing registered reps.

INVESTING ALTERNATIVES AUG 01, 2007
Another Bear hedge fund on the rocks

A third Bear Stearns hedge fund is in trouble due to the subprime mortgage market, according to published reports.