Investing

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INVESTING LIFE INSURANCE AND ANNUITIES JUN 09, 2008
Willis buys rival HRH for $2.1 billion

The insurance broker will acquire all of HRH’s outstanding shares of common stock for $46, 50% cash and 50% stock.

By Bloomberg
INVESTING ETFS JUN 09, 2008
Once a mere curiosity, ETFs now outshine mutual funds

Exchange traded funds were an oddity at the start of the decade.

By Bloomberg
INVESTING ALTERNATIVES JUN 09, 2008
Increased regs not in the cards for hedge funds

Despite all the noise coming from lawmakers calling for increased regulatory oversight of hedge funds, many involved in the nearly $2 trillion industry don't think that regulators are ready, willing or able to try to get their arms around this increasingly diverse investment category.

By Bloomberg
INVESTING ETFS JUN 09, 2008
Mutual fund big three will continue to dominate market

In 2018, the mutual fund business will look much like today's, industry experts predict.

By Bloomberg
INVESTING MUTUAL FUNDS JUN 06, 2008
FundQuest and United Planners offer UMA

The platform will include eight product solutions, four mutual fund portfolios and the FundQuest ActivePassive Portfolio.

By Bloomberg
INVESTING LIFE INSURANCE AND ANNUITIES JUN 06, 2008
AIG probed on subprime-mortgage contracts

The insurer’s valuation of credit default swaps are in question, according to The Wall Street Journal.

By Bloomberg
INVESTING LIFE INSURANCE AND ANNUITIES JUN 06, 2008
New York Life promotes three in Asia

Michael Burson has been promoted to senior vice president for recruiting in Asia.

By Bloomberg
INVESTING ALTERNATIVES JUN 05, 2008
AIG and Larch Lane delve into hedge funds

The joint venture expects to invest $50 million to $200 million per deal, covering a variety of hedge fund strategies.

By Bloomberg
INVESTING LIFE INSURANCE AND ANNUITIES JUN 05, 2008
MBIA and Ambac downgraded by S&P

The bond insurers are also facing downgrades from Moody's Investors Service.

By Bloomberg
INVESTING LIFE INSURANCE AND ANNUITIES JUN 05, 2008
MBIA and Ambac downgraded by S&P

The bond insurers are also facing downgrades from Moody's Investors Service.

By Bloomberg
INVESTING ALTERNATIVES JUN 05, 2008
AIG and Larch Lane delve into hedge funds

The joint venture expects to invest $50 million to $200 million per deal, covering a variety of hedge fund strategies.

By Bloomberg
INVESTING ALTERNATIVES JUN 04, 2008
Foundations turn to alternative investments

Alternative asset allocations increased to 28%, compared with 23% in the previous year.

By Bloomberg
INVESTING MUTUAL FUNDS JUN 04, 2008
Forward and Accessor fund firms combine

Forward Management will buy Accessor Capital Management, creating a combined firm with $5 billion under management.

By Bloomberg
INVESTING ALTERNATIVES JUN 04, 2008
REITs find home on web

An association has launched <a href=http://Reit.com>Reit.com</a>, a website designed to address all matters related to REITs.

By Bloomberg
INVESTING FIXED INCOME JUN 04, 2008
<h1>Bond-rating firms to overhaul fee collection</h1>

The aim is to remove some of the power investment banks have over selecting which rating firms get paid to rate deals.

By Bloomberg
INVESTING LIFE INSURANCE AND ANNUITIES JUN 04, 2008
SEC weighs guaranteed securities

The SEC has not decided if synthetic guaranteed minimum withdrawal benefits should be be treated as securities.

By Bloomberg
INVESTING ETFS JUN 04, 2008
Three Vanguard ETFs split

Three exchange traded funds from The Vanguard Group Inc. declared a 2-for-1 stock split today.

By Bloomberg
INVESTING LIFE INSURANCE AND ANNUITIES JUN 03, 2008
WaMu and Marsh leaders out the door

Washington Mutual board chairman Kerry Killinger and Marsh &amp; McLennan CFO and VP Matthew B. Bartley will leave their jobs.

By Bloomberg
INVESTING LIFE INSURANCE AND ANNUITIES JUN 03, 2008
Age not automatic criterium for class actions

Plaintiff&#8217;s attorneys are going to have a tougher time seeking class action status in alleging the improper sale of an annuity.

By Bloomberg
INVESTING MUTUAL FUNDS JUN 03, 2008
Direxion launches Dollar Bull fund

Dollar Bull 2.5x Fund seeks daily investment results, before fees and expenses, of 250% of the performance of the U.S. Dollar Index.

By Bloomberg