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ETFS JUL 12, 2007
WisdomTree debuts emerging-markets ETFs

WisdomTree Trust will launch a new dividend-weighted exchange traded fund tomorrow on the NYSE.

ALTERNATIVES JUL 11, 2007
Hedge funds risky for Street, says Sirri

The House Financial Services Committee heard testimony about risks hedge funds may pose to the investors and the economy.

ETFS JUL 11, 2007
Claymore & Zacks unveil ETFs

Claymore Securities Inc. has teamed up with Zacks Investment Research to launch two exchange traded funds on the American Stock Exchange today.

ALTERNATIVES JUL 11, 2007
Carried tax studied by Senate

The Senate Finance Committee is scrutinizing a bill that could raise taxes paid by hedge fund managers and private equity heads.

ETFS JUL 11, 2007
ETF assets dip slightly in June

ETF assets fell to $478 billion in June from $480 billion in May, according to State Street Global Advisors.

Tan to take on Barclays' Hong Kong unit
RIA NEWS JUL 11, 2007
Tan to take on Barclays' Hong Kong unit

Barclays has added Aaron Tan as managing director and head of Hong Kong coverage, Finance Asia reported.

MUTUAL FUNDS JUL 11, 2007
Mutual funds fall under hedge regulation

Mutual funds will now be subject to a new rule that prohibits fraud in hedge funds and other private investment pools.

LIFE INSURANCE AND ANNUITIES JUL 10, 2007
Conseco slims down operations

Conseco Inc. will consolidate operations and sell properties as part of a plan to pare down expenses.

LIFE INSURANCE AND ANNUITIES JUL 10, 2007
NYLI names SVP and head actuary

New York Life Insurance Co. has promoted Gary Scofield to senior vice president and chief actuary.

RIA NEWS JUL 10, 2007
Paulson to convene tax-business forum

The Secretary of the Treasury will hold a conference to examine the tax system's effect on U.S. businesses and economic growth.