Bloomberg

Bloomberg
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ALTERNATIVES FEB 03, 2009
With bargains aplenty, home sales shoot up

Homebuyers took advantage of low mortgage rates and falling home prices in December as pending sales of existing homes shot up more than 6% from the previous month.

RIA NEWS FEB 03, 2009
First-time homebuyer tax credit

Your clients, a married couple, realize that this is a home-buyer’s market and are interested in purchasing a home. The couple has come to you about tax savings opportunities related to a purchase. They are newlyweds and both previously lived in an apartment.

ETFS FEB 03, 2009
Curian SMA platform adds exposure to alternatives

Curian Capital LLC has introduced limited exposure to alternative-class investments on its separately managed accounts platform.

REGULATION AND LEGISLATION FEB 03, 2009
Lawmakers mull pay curbs for all execs

Congress will consider legislation to extend some of the curbs on executive pay that currently apply only to those banks receiving federal assistance, House Financial Services Committee Chairman Barney Frank said.

RIA NEWS FEB 03, 2009
Group launches index of actively managed funds

The National Association of Active Investment Managers Inc. has launched an index of actively managed mutual funds that performed well during last year’s market downturn.

RIA NEWS FEB 02, 2009
Piper Jaffray books $153.3 million loss

Piper Jaffray & Co. today reported a $153.3 net loss, or a loss of $9.78 diluted earnings per share, for the fourth quarter.

FIXED INCOME FEB 02, 2009
Municipal bonds issuance up from a year ago

Municipalities stepped up their issuance of bonds by 5.3% in January, from a year ago, according to The Bond Buyer.

PRACTICE MANAGEMENT FEB 02, 2009
January Week 4: Promoting your practice with rollover seminars

In this final week of a four-week program to get your business off to a solid start by focusing on retirement rollovers, let’s discuss effective retirement rollover seminars and how to do them on a limited budget.

RIA NEWS FEB 02, 2009
Americans spending less, saving more

Americans cut back on spending by 1% in December, and increased personal savings by 3.6 %, in response to concerns about job security and economic stability, according to a Department of Commerce report released today.

ALTERNATIVES FEB 02, 2009
Bleeding assets, hedge funds register with SEC

The majority of hedge funds based in the United States are voluntarily registering with the Securities and Exchange Commission, according to Hedge Fund Research Inc. in Chicago.