Bloomberg

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ALTERNATIVES JUN 06, 2007
Hedge fund targets big beer

A New York-based hedge fund has raised $2 billion and may launch an activist assault on the “King of Beers," according to a New York Post report.

ETFS JUN 06, 2007
Fund-of-ETFs based on Lipper indexes

Hennion & Walsh today introduced three fund-of-ETFs mutual funds based on indexes created by Lipper Inc.

MUTUAL FUNDS JUN 06, 2007
'American' No.1 in int'l funds, says study

American Funds' offerings led the international category in the first quarter, says Cerulli Associates.

LIFE INSURANCE AND ANNUITIES JUN 06, 2007
MetLife appoints SVP

MetLife Inc.'s Investors Group has promoted Elizabeth M. Forget to senior vice president, the insurer said today.

ETFS JUN 05, 2007
WisdomTree creates real estate ETFs

WisdomTree Investments today announced the launch a new dividend-weighted exchange traded fund that invests in international real estate.

MUTUAL FUNDS JUN 05, 2007
Mutual funds back firms on pay

Mutual funds continue to support the lion's share management-backed proposals that determine how top executives are paid, according to a new report.

WIREHOUSES JUN 05, 2007
Goldman Sachs VP joins Chicago Merc

Scot Warren was appointed managing director for equity indexes at the Chicago Mercantile Exchange, according to a statement from the exchange.

WIREHOUSES JUN 05, 2007
Top Merrill economist quits

Jesper Koll, an economist for Merrill Lynch based in Japan, has resigned from his post, published reports said.

WIREHOUSES JUN 05, 2007
Bear and Saudi execs join forces

Bear Stearns has joined with a group of Saudi Arabian executives to provide investment products that comply with Islamic law.

RETIREMENT PLANNING JUN 05, 2007
401(k) record keepers launch CIKR

An association has been formed to educate and advocate about issues relevant to 401(k) independent record keepers.