Bloomberg

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FIXED INCOME NOV 21, 2010
New wave of muni bond defaults looking likely, says Lehmann

Municipal-bond issuers, whose default rate slowed this year, may face more failures in 2011 as federal economic-stimulus aid declines and budget pressures jeopardize debt payments, said Richard Lehmann, publisher of Distressed Debt Securities Newsletter.

MUTUAL FUNDS NOV 21, 2010
Hartford's Jim Davey: 'We are specialists, not generalists'

It's been a busy few months for The Hartford Financial Services Group Inc.

RIA NEWS NOV 19, 2010
Aston/Montag & Caldwell's Thompson high on high-quality stocks

The next stage of the market rally will likely favor high-quality stocks, according to Scott Thompson, manager of the Aston/Montag & Caldwell Mid Cap Growth Fund Ticker:(AMCMX).

Pimco's Gross boosts holdings in mortage assets
ALTERNATIVES NOV 19, 2010
Pimco's Gross boosts holdings in mortage assets

Meanwhile, manager of world's biggest bond fund reduces exposure to government debt

ETFS NOV 19, 2010
Lamco is first indie to use MDE's option collar model

Lamco Advisory Services Inc. will be the first independent advisory firm to start allocating client assets to an ETF option overlay strategy managed by MDE Group Inc.

FIXED INCOME NOV 19, 2010
Pimco sees massive surge in inflows in third quarter

Bond fund giant's $56B in new funds almost four times what BlackRock took in; 'buildup of a new bubble'

FIXED INCOME NOV 19, 2010
Fed asset purchases akin to a Ponzi scheme: Bill Gross

Government check-writing also the likely end of 30-year bull run in debt market, says bond king

INDEPENDENT BROKER DEALERS NOV 18, 2010
LPL Investment raises $470M in IPO

LPL Investment Holdings Inc., the brokerage and investment advisory firm owned by private equity firms TPG Capital and Hellman & Friedman LLC, raised $470 million in its initial public offering.

Feds raid hedgies as part of insider trading investigation: Sources
MUTUAL FUNDS NOV 17, 2010
Feds raid hedgies as part of insider trading investigation: Sources

FBI searches offices of Level Global Investors and Diamondback Capital Management; government 'needs to use force'

Alpha's bets on M&A paying off, as deals boost fund's returns
ALTERNATIVES NOV 17, 2010
Alpha's bets on M&A paying off, as deals boost fund's returns

Hedged strategies specialist benefiting from rise in number of mergers and acquisitions