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George Soros ditches hedge fund empire for — a family office?
NEWS RETIREMENT PLANNING JUL 14, 2011
George Soros ditches hedge fund empire for — a family office?

Legendary investor George Soros is trading in his hedge fund firm for -- a family office. Of course, this family office boasts $24 billion in assets under management.

By John Goff
Guggenheim big resigns amid merger rumors
NEWS RIAS JUL 14, 2011
Guggenheim big resigns amid merger rumors

Baffico exits: sources claim that fund firm will meld Claymore, Rydex

By Jessica Toonkel
Troubles aplenty, but Bank of America still largest wealth manager
NEWS RIAS JUL 14, 2011
Troubles aplenty, but Bank of America still largest wealth manager

Now sitting on nearly $2 trillion in assets; it was a very good year for BNP Paribas

By John Goff
NEWS INDUSTRY NEWS JUL 14, 2011
Seeking alternatives? Sign up for IN's 2011 Alternative Investments Conference

By John Goff
No asset class immune to June swoon
NEWS FIXED INCOME JUL 14, 2011
No asset class immune to June swoon

Investors were more like bridesmaids than brides in June. Stocks, bonds and commodities all fell, marking the first monthly decline for all three since 2009.

By John Goff
NEWS INDUSTRY NEWS JUL 14, 2011
BofA's Krawcheck gives Sieg expanded wealth management role

Bank of America Corp.'s retirement services head Andrew Sieg will now be responsible for a unit managing investment products.

By Doug Cubberley
NEWS RIAS JUL 14, 2011
Tougher 401(k) rules seen as 'full employment act' for RIAs

As the Labor Department prepares to issue stricter rules for the retirement fund industry, financial advisers at RIA firms are licking their chops over the prospect of poaching business from broker-dealers and insurance agents

By Dan Jamieson
NEWS INDUSTRY NEWS JUL 13, 2011
Surprise! CFA stands up for adviser SRO

For decades, the Consumer Federation of America has fought for greater SEC monitoring of investment advisers. But with the commission facing funding woes, the consumer group sees the writing on the wall-- and it says 'SRO.'

By John Goff
(G)ross and Rachel? Pimco bond king said to buy Jennifer Aniston's house
NEWS INDUSTRY NEWS JUL 13, 2011
(G)ross and Rachel? Pimco bond king said to buy Jennifer Aniston's house

Apparently, the new normal is not so bad for famed Pimco fund manager Bill Gross. According to reports, the bond king has purchased actress Jennifer Aniston's Beverly Hills house for $38 million.

By Jessica Toonkel
401(k) expense ratios down — except for bond funds
NEWS RETIREMENT PLANNING JUL 13, 2011
401(k) expense ratios down — except for bond funds

Fees fall for stock and money market funds; charges for fixed-income offerings hold steady

By Darla Mercado
NEWS RETIREMENT PLANNING JUL 13, 2011
Guidance imminent on 401(k) income products

The Treasury Department will soon offer guidance on lifetime income options in 401(k) plans with the aim of curbing the number of individuals who are likely to outlive their retirement savings.

By Liz Skinner
NEWS MUTUAL FUNDS JUL 13, 2011
12(b)-1 ruling eases fund firms', B-Ds' worries - for now

By Jessica Toonkel
Why Bill Gross says Treasury investors are like frogs in a pot of hot water
NEWS INDUSTRY NEWS JUL 13, 2011
Why Bill Gross says Treasury investors are like frogs in a pot of hot water

Bill Gross, Pimco's bond king -- and the king of the unusual analogy -- offers another offbeat comparison to get the attention of would-be purchasers of government paper.

By John Goff
Pimco's 'new normal' missed out on 94% stock rally: Wharton's Marston
NEWS INDUSTRY NEWS JUL 13, 2011
Pimco's 'new normal' missed out on 94% stock rally: Wharton's Marston

Professor of finance pokes fun at Bill Gross — and sees continued run-up in stock prices

By Jeff Benjamin
American Beacon books power trio to subadvise go-anywhere offering
NEWS LIFE INSURANCE AND ANNUITIES JUL 12, 2011
American Beacon books power trio to subadvise go-anywhere offering

Pimco, Brandywine and GAM will co-manage firm's new flexible bond fund

By John Goff
NEWS LIFE INSURANCE AND ANNUITIES JUL 12, 2011
Financial advisers, insurers hail GAO plug for immediate annuities

By Darla Mercado
NEWS INDUSTRY NEWS JUL 12, 2011
2010 pay steady for SRO execs; firm fees rose

By Dan Jamieson
NEWS INDUSTRY NEWS JUL 12, 2011
Arnott's index, called 'witchcraft' by Bogle, besting Vanguard

When Robert Arnott was deciding whether to start his own investment firm, he met with his hero John Bogle for dinner

By Bloomberg
Advisers look in the bargain bin when choosing ETFs
NEWS INDUSTRY NEWS JUL 12, 2011
Advisers look in the bargain bin when choosing ETFs

A survey finds that cost is the most important factor for advisers when selecting exchange-traded funds. Service? Not so much.

By Jessica Toonkel
Ray of hope? Top college commences with middle-class tuition cap
NEWS RETIREMENT PLANNING JUL 11, 2011
Ray of hope? Top college commences with middle-class tuition cap

Middle-class families are quickly being priced out of the top universities. But a bold new program at the University of California at Berkeley -- limiting the total costs for families with modest incomes to 15% of earnings -- offers a ray of hope. | <a href=http://www.investmentnews.com/apps/pbcs.dll/gallery?Site=CI&amp;Date=20110711&amp;Category=FREE&amp;ArtNo=711009999&amp;Ref=PH&amp;Params=Itemnr=1>The most expensive state schools &amp;raquo;</a> <a href=http://www.investmentnews.com/apps/pbcs.dll/gallery?Site=CI&amp;Date=20111117&amp;Category=FREE&amp;ArtNo=111709999&amp;Ref=PH>Top-rated 529 plans &amp;raquo;</a>

By John Goff