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MUTUAL FUNDS NOV 01, 2009
Touchstone on prowl for fund adoptions

Touchstone Investments is looking to adopt funds to fill out its product lineup.

By Jessica Toonkel Marquez
LIFE INSURANCE AND ANNUITIES NOV 01, 2009
Comedian isn't laughing

Economist, lawyer and deadpan comedian Ben Stein doesn't find much humor in the way the federal government is handling the economic crisis.

By Darla Mercado
EQUITIES NOV 01, 2009
Heavy cost cutting brightens outlook for many U.S. stocks

There's plenty of money-making opportunities right here in the USA, despite the sluggish economy, according to some industry observers.

By Dan Jamieson
MUTUAL FUNDS NOV 01, 2009
Is the bloom off the rose for American Funds?

The love affair financial advisers have enjoyed with American Funds has cooled.

By David Hoffman
EQUITIES NOV 01, 2009
Legislation causes boom in health care tech market

In whatever way Congress and the Obama administration eventually change the national health care system, there is one segment of the health care market where reform has already begun and is gaining momentum.

By Jeff Benjamin
MUTUAL FUNDS NOV 01, 2009

By Bloomberg
LIFE INSURANCE AND ANNUITIES OCT 30, 2009
Life insurance agent set to face theft charges

A California life insurance agent will face a preliminary hearing Friday as he contends with grand-theft and identity theft charges.

By Darla Mercado
MUTUAL FUNDS OCT 30, 2009
Target date fund liquidations double from full-year-2008 levels

There have already been more than three times the number of target date fund liquidations so far this year than there were in all of 2008. Moreover, experts predict that trend to increase as smaller fund managers are finding it nearly impossible to gain traction in the market.

By Jessica Toonkel Marquez
MUTUAL FUNDS OCT 30, 2009
First American Funds' Tim Palmer: Bet on financial sector's high-grade bonds

With the economy in recovery mode, Tim Palmer, a senior portfolio manager with First American Funds, has zeroed in on the financial sector's high-grade bonds.

By Bloomberg
ALTERNATIVES OCT 29, 2009
Another billionaire hedge fund manager arrested for possible fraud

A German man who founded the hedge fund group K1 was arrested by police amid an investigation into possible fraud that may total some euro200 million ($295.7 million), prosecutors said Thursday.

By Associated Press
ALTERNATIVES OCT 28, 2009
BlackRock is possible buyer for ING's real estate business: Sources

ING is looking to sell its $92.4 billion global real estate business and BlackRock Inc. has emerged as one of the potential buyers, according to industry sources

By Jessica Toonkel Marquez
ALTERNATIVES OCT 28, 2009
U.S. House panel votes to regulate hedge funds

The U.S. House Financial Services Committee has voted to regulate for the first time hedge funds and other large pools of capital.

By Bloomberg
ETFS OCT 28, 2009
Jefferies rolls out two more commodities ETFs

Just weeks after launching its first commodities exchange-traded fund, a unit of Jefferies & Co. Inc. today launched two similar ETFs: one focused on agriculture and another on industrial metals.

By David Hoffman
MUTUAL FUNDS OCT 27, 2009
Storied Philadelphia Fund will be merged out of existence next month

The tiny Philadelphia Fund (PHILX), which traces its roots to 1923 and is one of the oldest mutual funds, will be merged out of existence next month.

By David Hoffman
LIFE INSURANCE AND ANNUITIES OCT 27, 2009
Insurers and asset managers set to tag-team target date funds

New opportunities for insurers and asset managers are on the horizon as they seek a way to put a guaranteed wrapper around target date funds, according to an insurance company executive.

By Darla Mercado
LIFE INSURANCE AND ANNUITIES OCT 26, 2009
The Hartford launches search for new CFO

Life insurer Hartford Financial Services Group Inc. said Monday that its chief financial officer, Lizabeth Zlatkus, will be named its chief risk officer and the company will begin looking externally for a new CFO.

By Associated Press
MUTUAL FUNDS OCT 26, 2009
Pre-sale disclosure rules could threaten sales of mutual funds

Mutual funds would be subject to tougher disclosure rules than other financial products if legislation currently being debated in Congress is passed.

By Sara Hansard
LIFE INSURANCE AND ANNUITIES OCT 26, 2009
Take a load off: New York Life set to tweak immediate annuities to draw advisers

New York Life Insurance Co. is preparing to launch a no-load version of its immediate annuity to target the fee-based-adviser market, according to Matthew Grove, its vice president.

By Jessica Toonkel Marquez
Failed Olympics bid behind him, Aon founder Pat Ryan launches new insurer
LIFE INSURANCE AND ANNUITIES OCT 25, 2009
Failed Olympics bid behind him, Aon founder Pat Ryan launches new insurer

After leading Chicago's unsuccessful effort to land the Olympics, Patrick Ryan is jumping into something he knows a lot better than the Byzantine politics of the International Olympics Committee — the insurance business.

By Steve Daniels
ALTERNATIVES OCT 25, 2009
Top realty investment firms see their equity shrink

Real estate money managers are seeing the equity in their property investments begin to dissolve.

By Arleen Jacobius