Bloomberg

Bloomberg
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ALTERNATIVES FEB 24, 2009
Commercial real estate dove 14.9% in December

Commercial real estate prices plunged 14.9% on average in December from the same month a year ago.

RETIREMENT PLANNING FEB 24, 2009
Today’s worst funds will be tomorrow’s best, analyst says

When combing through new investment ideas, advisers would be wise not to ignore mutual funds and separate-account strategies at the bottom of the heap.

ALTERNATIVES FEB 24, 2009
OppenheimerFunds shutters Tremont fund

OppenheimerFunds Inc. has elected to shutter its OFI Tremont Core Strategies Hedge Fund and start returning the fund's roughly $100 million in assets to clients.

LIFE INSURANCE AND ANNUITIES FEB 24, 2009
Regulators anticipate new rules for insurers

ALTERNATIVES FEB 23, 2009
Cohen & Steers nabs new sales head from AllianceBernstein

Cohen & Steers Inc. has snagged David Edlin from AllianceBernstein Investments Inc. to be its new national sales manager, the company announced this morning.

RETIREMENT PLANNING FEB 23, 2009
Richest 401(k) participants hit hardest

While all 401(k) investors have sustained significant losses in the last year, no one has suffered more than the wealthiest 401(k) participants.

REGULATION, LEGAL & COMPLIANCE FEB 23, 2009
Obama to tap ex-Secret Service agent to oversee stimulus plan

A former Secret Service agent is expected to be named chairman of the organization overseeing the federal-economic-stimulus-plan spending.

FINTECH FEB 23, 2009
FPA to help advisers choose best technology program

As market volatility persists, the Financial Planning Association has created a research program that is aimed to help advisers choose the best technology.

EQUITIES FEB 23, 2009
Blue chips still not cheap: Report

Blue-chip equities are less attractive than bonds thanks to plunging dividends, according to analysis published today by Bloomberg.

RETIREMENT PLANNING FEB 23, 2009
Presenting retirement services to targeted companies

The challenge: Because of the increase in corporate layoffs, retirement plan rollovers are becoming bigger than ever.