Bloomberg

Bloomberg
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WIREHOUSES MAY 24, 2007
Merrill slashes sick days

Merrill Lynch & Co. has trimmed employees’ sick days from 40 to 10, according to an internal memo.

ALTERNATIVES MAY 24, 2007
JPMorgan hedge manager rockets to 1st place

JPMorgan Asset Management is now the world’s largest hedge fund managers, according to Alpha Magazine’s 2007 list of “The Hedge Fund 100.”

WIREHOUSES MAY 23, 2007
Merrill hedge fund boss branches out

Ben Weston, chief of hedge fund development at Merrill Lynch & Co. Inc., has left the company.

RIA NEWS MAY 23, 2007
Eaton Vance IPO erodes 2Q profits

Eaton Vance Corp. reported a 42% fall in profits for the<br>second quarter today.

ALTERNATIVES MAY 23, 2007
Gotham founds cancer research prize

Two hedge fund managers have joined forces with scientists to launch a $1 million prize for cancer research.

LIFE INSURANCE AND ANNUITIES MAY 23, 2007
Aon CFO to depart

Aon Corporation announced today that chief financial officer David P. Bolger will leave the Chicago-based insurance broker after the appointment of his successor.

ETFS MAY 23, 2007
Lipper launches target-risk ETFs

Lipper Inc. of New York announced today it has created a suite of target-risk fund benchmarks made up exclusively of exchange traded funds.

ALTERNATIVES MAY 23, 2007
UBS sued by ex-hedge fund

Defunct hedge fund Wood River Partners LP is suing its prime broker, UBS, for $200 million.

ETFS MAY 22, 2007
Euronext profits down, revenues up

Euronext NV today reported a 4.4% profit loss during the first quarter, due to a reclassification of the company&#8217;s stake in LCH.Clearnet.

WIREHOUSES MAY 22, 2007
JPMorgan Chase debuts ADRs

JPMorgan Chase &amp; Co. has launched 12 indexes comprising exchange-listed American Depositary Receipts and Global Depositary Receipts.