Bloomberg

Bloomberg
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INVESTING 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.

INVESTING ALTERNATIVES JUN 06, 2007
Hedge funds urge TD to merge

Two hedge funds are pressuring TD Ameritrade to sell out to E*TRADE or Schwab, according to press reports.

INVESTING 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.

INVESTING 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.

RETIREMENT LIFE INSURANCE AND ANNUITIES JUN 06, 2007
Prudential closes research operations

Prudential Financial today announced that it would close its equity research and trading business, with a loss of some 420 jobs.

RETIREMENT 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.

NEWS WIREHOUSES JUN 06, 2007
Morgan Stanley cuts Discover loose

Morgan Stanley’s board of directors has approved the spin-off of Discover Financial Services.

INVESTING 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.

INVESTING 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.

RETIREMENT 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.