Investing

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ETFS NOV 08, 2007
ProShare unveils two ETFs

ProShare Advisors launched two short exchange traded funds that are designed to generate inverse performance compared to the markets in China and Japan.

By Bloomberg
MUTUAL FUNDS NOV 07, 2007
Fidelity unveils three mutual funds

The funds include an international style-consistent growth fund and an asset allocation fund.

By Bloomberg
LIFE INSURANCE AND ANNUITIES NOV 07, 2007
MassMutual names chief risk officer

Elizabeth A. Ward will handle all elements of strategic risk management and have oversight across MassMutual’s companies.

By Bloomberg
ETFS NOV 07, 2007
Rydex debuts ExpressShares ETFs

Rydex Investments has launched six ExpressShares exchange traded funds on the American Stock Exchange today, bringing the size of its ETF family to 30.

By Bloomberg
LIFE INSURANCE AND ANNUITIES NOV 06, 2007
Allianz upgrade to cover wildfire victims

Fireman’s Fund, a member of Allianz Group, has launched the first green homeowners’ insurance policy upgrade.

By Bloomberg
ALTERNATIVES NOV 06, 2007
Hedge fund inflows $18.6B in September

Emerging markets took the lion’s share of the new money, as investors poured in $11.4 billion – 61% of the total.

By Bloomberg
FIXED INCOME NOV 05, 2007
November U.S. bonds top $100 billion

Issuance of U.S. investment grade bonds is expected to reach $100 billion this month, according to Dealogic.

By Bloomberg
LIFE INSURANCE AND ANNUITIES NOV 05, 2007
B-Ds brace for new rule on sales of deferred VAs

A new rule governing broker-dealers' sales of deferred variable annuities is about to drop, and the firms are arming themselves to face it — but not without a little grumbling.

By Bloomberg
FIXED INCOME NOV 05, 2007
Supremes weigh muni-bond taxation

The Supreme Court will hear arguments today in a case that could affect the way states tax other states’ bonds.

By Bloomberg
MUTUAL FUNDS NOV 05, 2007

By Investment News Team
LIFE INSURANCE AND ANNUITIES NOV 05, 2007
NYLI names Eileen T. Slevin CIO

Ms. Slevin, a 30-year veteran of the company, will direct more than 1,300 tech professionals in six U.S. locations.

By Bloomberg
ETFS NOV 05, 2007
Capital gains looming once again

Mutual fund investors will learn the hard way at the end of this year that you can never keep the tax man away for long.

By Bloomberg
ALTERNATIVES NOV 05, 2007
Hedge funds next target of plaintiff's bar?

The collapse of some hedge funds may be turning into the next cause celebre for plaintiff's attorneys who file arbitration claims on behalf of investors looking to recoup losses.

By Bloomberg
MUTUAL FUNDS NOV 05, 2007
New series of indexes track top actively managed funds

A Massachusetts investment advisory firm has launched a series of indexes based on actively managed mutual funds.

By Bloomberg
ETFS NOV 05, 2007
ProShare Advisors to offer 48 leveraged ETFs

In a move criticized by some industry experts, ProShare Advisors LLC plans to introduce 48 exchange traded funds that use leverage to provide short or magnified exposure to commodities and currencies.

By Bloomberg
LIFE INSURANCE AND ANNUITIES NOV 05, 2007
Vendors of equity index annuities look to education

While many financial advisers continue to criticize and shun equity index annuities, insurance companies that sell the product are trying to improve its tarnished image by focusing on education.

By Bloomberg
ALTERNATIVES NOV 05, 2007
CFTC asks Congress to give it more clout

Federal commodities regulators want new powers to police energy derivative trades of the sort that contributed to the collapse of Greenwich, Conn.-based Amaranth Advisors LLC last year.

By Bloomberg
ALTERNATIVES NOV 05, 2007
SEC looks to allow tombstone ads for private offerings

A Securities and Exchange Commission proposal to modernize regulation of private securities offerings has generated concerns from state regulators and some industry interests that it would blur the line between public and private deals.

By Bloomberg
MUTUAL FUNDS NOV 05, 2007
Funds with redemption fees can't be QDIAs

Mutual funds that charge redemption fees will not qualify as default investments under the Department of Labor's recently announced final rules.

By Bloomberg
RETIREMENT PLANNING NOV 05, 2007
Funds, 401(k) service providers differ on fee breakdown

The mutual fund industry and independent 401(k) service providers squared off last week before the House Ways and Means Committee over whether fees for various 401(k) services should be broken down in disclosures to employers.

By Bloomberg