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ALTERNATIVES JUN 19, 2007
Bear Stearns may bail out fund

Bear Stearns’ investment bank may lend $1.5 billion to save one of the company's struggling hedge funds, according to a Wall Street Journal report.

ALTERNATIVES JUN 18, 2007
Institutional money grows in hedge funds

Direct investments by endowments, foundations and corporate pension funds represent a quarter of the assets of the world's largest hedge funds.

ETFS JUN 18, 2007
Closed-end fund converts into ETF format

The American Stock Exchange has begun trading in First Trust Value Line 100 exchange traded fund, an ETF converted from a closed-end fund.

ALTERNATIVES JUN 18, 2007
Goldman Sachs alternatives inflows at zero

Goldman Sachs Asset Management’s net inflows for alternative investments have trickled down to nothing.

RIA NEWS JUN 18, 2007
Environmental issues don’t drive investment choices

NEW YORK — While most investors are concerned about the effect that climate change has on the environment, few are investing in the alternative-energy sector, according to a recent report.

RIA NEWS JUN 18, 2007
Adviser rebuilds after losing 403(b) accounts, assets

SAN FRANCISCO — After a year of frantic meetings with ex-clients, Thomas Pignone finally is breathing easier as he rebuilds his firm.

RIA NEWS JUN 18, 2007
Dissed at home, Canadian hedge funds are coveted abroad

OTTAWA — In Canadian hedge fund circles, it helps to have a thick skin.

REGULATION AND LEGISLATION JUN 18, 2007
Software makers eye adviser compliance market

WASHINGTON — Registered investment advisers are likely to outspend other financial intermediaries for compliance software, according to a recent report by Celent LLC, a Boston-based research and consulting firm.

REGULATION AND LEGISLATION JUN 18, 2007
Rules may be relaxed for foreign brokers

WASHINGTON — U.S. investors could face reduced protections if the Securities and Exchange Commission loosens restrictions to allow foreign brokerage firms to offer securities in the United States, according to some speakers last week at a daylong SEC public meeting on cross-border regulation.

RETIREMENT PLANNING JUN 18, 2007
Savings-minded superhero wins Emmys

Public-service spots starring “Savingsman” and his canine companion "401k-9" won three Emmy awards.