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MUTUAL FUNDS FEB 20, 2011
Schwab changes fee structure on fund platform

Some large mutual fund companies including Fidelity Investments and J.P. Morgan Asset Management might have to shell out more money to stay on The Charles Schwab Corp.'s transaction fee platform

By Jessica Toonkel
FIXED INCOME FEB 18, 2011
Muni bond issuers: Disclosure? What disclosure?

Study reveals vast majority of municipalities ignore or delay filing required financial reports on debt offerings; lack of manpower blamed

By Jeff Benjamin
Vanguard tweet: No muni market collapse
FIXED INCOME FEB 18, 2011
Vanguard tweet: No muni market collapse

Fund firm relies on social media to dispel doom and gloom, soothe client worries; 'hyperbole'

By Jessica Toonkel
Top muni bond manager: Whitney's call preposterous
FIXED INCOME FEB 18, 2011
Top muni bond manager: Whitney's call preposterous

Meredith Whitney shocked the investment world when she said there would be hundreds of billions of dollars in muni bond defaults this year. Top tax-exempt fund manager Lyle Fitterer has a slightly different take on the situation.

By John Goff
Will insurers ape Aviva and peel back benefits on fixed annuities?
LIFE INSURANCE AND ANNUITIES FEB 18, 2011
Will insurers ape Aviva and peel back benefits on fixed annuities?

Carrier rejiggers pricing and products due to low interest rates; 'small window' for rivals

By Darla Mercado
Warren Buffett: The worst stock I 'ever bought'
LIFE INSURANCE AND ANNUITIES FEB 18, 2011
Warren Buffett: The worst stock I 'ever bought'

Warren Buffett, who amassed the world's third-biggest personal fortune through decades of stock picks and takeovers, told CNBC his worst investment was the textile mill that gave its name to Berkshire Hathaway Inc.

By Bloomberg
Obama takes tax whack at insurers
LIFE INSURANCE AND ANNUITIES FEB 17, 2011
Obama takes tax whack at insurers

President's budget would end break on corporate-owned insurance; dividends-received reduction also targeted

By Darla Mercado
RIA NEWS FEB 17, 2011
Prudential's pared-down VA has some advisers grumbling

Prudential once again has pulled back on the living benefits in one of its most popular variable annuities

By Darla Mercado
RIA NEWS FEB 17, 2011
Other VA players may follow Genworth out door

Genworth Financial Inc.'s decision to leave the variable annuities business could herald more departures by other peripheral players this year.

By Darla Mercado
Fidelity VA slow to catch on with fee-based advisers
LIFE INSURANCE AND ANNUITIES FEB 17, 2011
Fidelity VA slow to catch on with fee-based advisers

Group still 'kicking the tires' on MetLife annuity; offering is popular with firm's reps, however

By Darla Mercado
RIA NEWS FEB 17, 2011
LPL expanding menu of fee-based VAs

LPL Financial soon will unveil to its representatives an expanded menu of fee-based VAs — a product that has proved unpopular among brokers so far.

By Darla Mercado
Fears about inflation inflated, Gundlach says
LIFE INSURANCE AND ANNUITIES FEB 16, 2011
Fears about inflation inflated, Gundlach says

Bond fund manager sees little risk of major price hikes; other experts agree

By John Goff
Given 'devil's bargain,' Treasuries should be exorcised from portfolios: Gross
FIXED INCOME FEB 16, 2011
Given 'devil's bargain,' Treasuries should be exorcised from portfolios: Gross

Federal monetary policy killing savers, says Pimco bond king; little reason to hold Uncle Sam's paper

By John Goff
Inflation set to puncture bond portfolios, warns FPA's Atteberry
FIXED INCOME FEB 16, 2011
Inflation set to puncture bond portfolios, warns FPA's Atteberry

Rising prices on the march, says fixed-income fund manager; 'worst thing that can happen' for debt investors

By Jeff Benjamin
FIXED INCOME FEB 15, 2011
BondView preps ratings for muni bond funds

BondView LLC, an operator of a free site for muni bond investors, is planning to launch municipal bond fund ratings by March.

By Bloomberg
MUTUAL FUNDS FEB 15, 2011
The Berkowitz breakaways: Two Fairholme Fund managers flee

Veteran portfolio managers Larry Pitkowsky and Keith Trauner have “put the band back together” in the form of Goodhaven Capital Management LLC.

By Jeff Benjamin
Bruce Berkowitz's $1.7B deal
MUTUAL FUNDS FEB 15, 2011
Bruce Berkowitz's $1.7B deal

Fairholme Capital Management LLC, the investment firm run by Bruce Berkowitz, said its funds will sell their stake in General Growth Properties Inc. to Brookfield Asset Management Inc. in a deal valued at about $1.7 billion.

By Mark Bruno
MUTUAL FUNDS FEB 14, 2011
Two ways to play the growing middle class: Philip Tasho

Agricultural commodities represents a creative way to invest in the world's emerging middle class, according to Philip Tasho, founder and chief investment officer at Tamro Capital Partners, which manages $1.4 billion in asset management.

By Jeff Benjamin
Skimpier living benefits could kill interest in VAs, advisers warn
LIFE INSURANCE AND ANNUITIES FEB 14, 2011
Skimpier living benefits could kill interest in VAs, advisers warn

Lack of investment choices also slammed; fee-based variable annuities the next step?

By Darla Mercado
EQUITIES FEB 14, 2011
Pimco's retail push includes expense ratio cuts

As Pimco takes over the distribution of all its funds and expands its equity fund lineup, it plans to cut expense ratios and arm financial advisers with more research and access to its investment managers

By Jessica Toonkel