Investing

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ALTERNATIVES DEC 01, 2009
Non-traded REITs may hurt indie B-Ds

The real estate boom and bust is hanging over many independent broker-dealers and their financial advisers as the market for non-traded REITs soured this year.

By Bruce Kelly
ALTERNATIVES DEC 01, 2009
Commercial real estate may have bottomed, Green Street says

Commercial real estate is now a bargain, and the widely expected drop in commercial property values may not occur, according to a well-known real estate analyst.

By Dan Jamieson
EMERGING MARKETS DEC 01, 2009
iShares rolls out new emerging-markets ETF

iShares, a unit of Barclays Global Investors, today launched an emerging-markets exchange-traded fund: the iShares MSCI Emerging Markets Eastern Europe Index Fund (ESR).

By David Hoffman
ALTERNATIVES DEC 01, 2009
IPO investors not sold on REITs that buy distressed mortgages

Despite troubling signs that investors aren't sold on new real estate investment trusts that plan to purchase distressed-mortgage assets — in many cases with the help of government financing — mutual fund managers still intend to take a close look at them.

By David Hoffman
MUTUAL FUNDS DEC 01, 2009
Small-caps' shrinkage gives little guy a big edge

The stock market's nose dive beginning last fall effectively redefined small-cap stocks, which provided at least a temporary advantage to smaller money managers and individual investors over many of the asset management behemoths.

By Jeff Benjamin
ALTERNATIVES NOV 30, 2009
Marathon wraps up initial close on public-private fund

Marathon Asset Management LP has completed an initial closing of an investment fund established under the Public-Private Investment Program, the Department of the Treasury announced today.

By Sara Hansard
MUTUAL FUNDS NOV 30, 2009
Thomas Samuelson: Investors must think outside the box

A growing demand for commodities in emerging and developing markets requires a new way of analyzing commodity investment strategies, according to Thomas Samuelson, chief investment officer at Advanced Equities Asset Management.

By Jeff Benjamin
LIFE INSURANCE AND ANNUITIES NOV 29, 2009
Swiss Re issues $150M cat bond for natural disasters

Swiss Reinsurance Co. Ltd. today issued a $150 million natural-catastrophe bond using the capital markets to protect itself from natural disasters.

By Darla Mercado
MUTUAL FUNDS NOV 29, 2009
Review of mutual fund advisory fees is long overdue

There is no longer any question that mutual funds have proved their value to more than 90 million Americans who have invested almost $10 trillion in funds for a variety of reasons.

By Dan Calabria
RETIREMENT PLANNING NOV 29, 2009
Wal-Mart a smart shopper for target date funds

Wal-Mart Stores Inc. has introduced custom target date funds to its more than 1 million 401(k) participants, following an unusual selection process.

By Nancy K. Webman
FIXED INCOME NOV 25, 2009
Six-month Treasury rates hit record low

Interest rates on six-month Treasurys hit their lowest level on record and three-month bills their lowest point in 11 months in Monday's auction of T-bills.

By Bloomberg
MUTUAL FUNDS NOV 25, 2009
Money funds caught between staying safe and staying around

These days, money market funds are investing only the safest securities.

By David Hoffman
LIFE INSURANCE AND ANNUITIES NOV 25, 2009
MBIA reinsures troubled competitor's portfolio

MBIA Insurance Corp. will reinsure a $184 billion portfolio of bonds previously backed by the troubled Financial Guaranty Insurance Co.

By Bloomberg
FINTECH NOV 25, 2009
SEC proposes XBRL for mutual funds

SEC has unanimously approved a proposal that would require mutual funds to use computer tags to label key information about fees, performance and strategies.

By Bloomberg
LIFE INSURANCE AND ANNUITIES NOV 25, 2009
MBIA chief mulls business split

John Brown told Bloomberg that the insurer would either divide its guarantee business into two entities or raise capital.

By Bloomberg
LIFE INSURANCE AND ANNUITIES NOV 25, 2009
FGIC plans new bond insurer

Financial Guaranty Insurance Co. wants to split itself into two companies.

By Bloomberg
ALTERNATIVES NOV 23, 2009
Ex-Goldman adviser banned in Hong Kong

An ex-Goldman Sachs adviser in Hong Kong has been barred from the financial services industry for two years after she invested almost $2 million of her client's money on derivatives contracts without approval, regulators said Thursday.

By Associated Press
LIFE INSURANCE AND ANNUITIES NOV 22, 2009
New York Life on the prowl to buy mutual fund companies

New York Life Insurance Co. is looking to acquire one or more fund companies, according to one of its top executives.

By Jessica Toonkel Marquez
MUTUAL FUNDS NOV 22, 2009
John Fox: Oversimplifying the fixed-income portion of a client's portfolio is a mistake

Fixed-income investors focused on the direction of interest rates run the risk of making big mistakes, warns portfolio manager John Fox, co-head of fixed income at Gannett Welsh & Kotler LLC.

By Jeff Benjamin
ETFS NOV 20, 2009
Bruce Bond's email on his reduced role at Powershares

The following is the text of an email that Bruce Bond, chairman and CEO of Invesco Powershares, sent earlier this week describing his new role:

By Mark Bruno