Bloomberg

Bloomberg
Displaying 13186 results
LIFE INSURANCE AND ANNUITIES DEC 29, 2009
As rules change, a watchdog growls

New accounting rules and underpriced universal life insurance are just a couple of the issues keeping Joseph M. Belth up at night.

PRACTICE MANAGEMENT DEC 29, 2009
NY fund manager gets six years in prison for $33M scam

A federal judge in western New York has sentenced an investment fund manager to six years in prison for helping run a $33 million Ponzi scheme.

WIREHOUSES DEC 29, 2009
'Too-big-to-fail' could jack up loan costs for brokerages, banks

Provisions in legislation aimed at “too-big-to-fail” financial firms will increase borrowing costs for large institutions — and will make it harder to get secured lending, according to financial industry officials.

ETFS DEC 29, 2009
Van Eck's Charl Malan: How to play against a weakening dollar

The rally in commodities over the past few weeks has been closely linked to the weakness of the U.S. dollar, according to Charl Malan, who is part of the investment team managing $1.7 billion in two commodity funds at Van Eck Global.

RIA NEWS DEC 28, 2009
Nobel laureate Stiglitz: Economy could shrink in 2010

Nobel Prize-winning economist Joseph Stiglitz warned there's a "significant" chance the U.S. economy will contract in the second half of next year.

MUTUAL FUNDS DEC 28, 2009
Trend spotter calls U.S. large-caps next new thing

If the trend is your friend, U.S. large-cap stocks will be the place to invest over the next several months, says Jim Porter, manager of the Aston/New Century Absolute Return ETF Fund (ANENX).

REGULATION AND LEGISLATION DEC 23, 2009
Adviser groups blow tops over House bill's 'hat-switching' clause

Investment adviser groups are up in arms about a one-sentence provision buried in the sweeping financial services reform legislation approved last week by the House of Representatives.

RIA NEWS DEC 22, 2009
Stock futures point to higher opening

Stock futures pointed to a higher opening Tuesday as investors placed bets that new data on economic output and housing sales will show the economy is continuing to recover.

RIA NEWS DEC 22, 2009
State Street 3Q profit up; sees weak second half

State Street Corp. said Tuesday its third-quarter profit rose but warned its business in the second half of 2009 is weaker than previously expected as it is collecting fewer transaction fees.

RIA NEWS DEC 21, 2009
U.S. will dodge 'double-dip' recession, says S&P

The United States will avoid a “double dip” recession, with real gross-domestic-product growth topping 2% next year, according to Standard & Poor's Corp.