Bloomberg

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ALTERNATIVES MAR 10, 2009
Fund of hedge funds world now 30% smaller

Funds of hedge funds took it on the chin in 2008 — right along with the overall hedge fund industry, according to a survey released today.

RIA NEWS MAR 10, 2009
Foundation giving expected to drop this year

Only two of the top 100 largest foundations have said they plan to increase giving this year, according to a new report from the Foundations Center.

ALTERNATIVES MAR 10, 2009
Single-family home prices fell 18.9% in January

The median sales price of single-family homes tumbled 3.5% in January, from December, and 18.9% from a year ago, according to Integrated Asset Services LLC in Denver.

MUTUAL FUNDS MAR 10, 2009
Mutual fund death toll so far this year: 35

Mutual fund liquidations this year are already nearly double what they were by this time in 2008.

REGULATION, LEGAL & COMPLIANCE MAR 10, 2009
IAA calls for segregation of duties at advisory firms

Investment advisory firms should be able to hold custody of client assets so long as advisory functions are separated from custodial functions, according to the Investment Adviser Association.

REGULATION, LEGAL & COMPLIANCE MAR 10, 2009
Regulatory overhaul needed: Bernanke

America's financial regulatory system must be overhauled to strengthen oversight of banks, mutual funds and large financial institutions, Federal Reserve Chairman Ben Bernanke said Tuesday.

RETIREMENT PLANNING MAR 09, 2009
401(k) investors stayed the course in 2008

Investors continued to put money into their 401(k) plans last year despite the market turmoil, according to a study released today.

ALTERNATIVES MAR 09, 2009
Survey: Buyers, sellers still disagree on home prices

A sharp disconnect still exists between homeowners and sellers over the real value of home prices, according to the latest survey by HomeGain.com Inc.

RIA NEWS MAR 09, 2009
'Buy high, sell low' compounded '08 pain

Unless an investor had held an investment for more than a decade, they lost money in last year’s market collapse, according to a study released today by Dalbar Inc.

RIA NEWS MAR 09, 2009
Adviser invented $1B clients to lure investors

Locke Capital Management Inc. and its chief executive, Leila Jenkins, lied repeatedly to customers by inventing clients who supposedly lived in Switzerland and had more than $1 billion in assets, the SEC charged today.