Investing

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LIFE INSURANCE AND ANNUITIES MAR 17, 2009
Conseco delays SEC filing

Insurer Conseco Inc. said Tuesday it will miss its planned filing date for 2008 financial results with the Securities and Exchange Commission.

By Bloomberg
MUTUAL FUNDS MAR 17, 2009
Vanguard tops fund companies for '08 sales

The Vanguard Group Inc. led all mutual fund companies in sales last year, according to new data from Financial Research Corp.

By Bloomberg
RIA NEWS MAR 17, 2009
Advised investors less aware of ETFs than self-directed peers

Individuals who invest for themselves — without the help of a financial adviser — show more awareness and commitment to exchange traded funds than their adviser-directed peers.

By Bloomberg
FIXED INCOME MAR 17, 2009
E-Trade launches fixed-income tools

E*Trade Financial Corp. today announced the launch of a series of online tools aimed at helping its customers select fixed-income products.

By Bloomberg
LIFE INSURANCE AND ANNUITIES MAR 17, 2009
Investor sues Prudential over 'misleading' note offering

An investor has filed a class action against Prudential Financial Inc. and a slate of its executives, alleging that the insurer violated federal securities laws in a June 2008 public offering of junior subordinated notes.

By Bloomberg
MUTUAL FUNDS MAR 17, 2009
Angry investors target Reserve's reserves

Investors who are still awaiting payouts from Reserve Management Co. Inc. — the New York-based firm whose $63 billion money market fund "broke the buck" last year — appear to be taking matters into their own hands.

By Bloomberg
MUTUAL FUNDS MAR 16, 2009
Five Pimco funds redeem $225M of ARS

Five closed-end mutual funds advised by Pacific Investment Management Co. will redeem an additional $225 million in illiquid auction rate securities.

By Bloomberg
ALTERNATIVES MAR 16, 2009
Homebuilders' confidence stays near historic lows

A key gauge of homebuilders' confidence remained near historic lows in March, as builders saw a drop in prospective homebuyers visiting model homes amid rising job losses and economic fears, according to a survey released Monday.

By Bloomberg
MUTUAL FUNDS MAR 16, 2009
Federated launches three new funds

Federated Investors Inc. of Pittsburgh today announced the launch of three mutual funds.

By Bloomberg
ETFS MAR 15, 2009
Model ETF portfolios get attention from Barclays

As exchange traded funds gain in popularity, more financial advisers are building model ETF portfolios for use by other advisers.

By Bloomberg
MUTUAL FUNDS MAR 15, 2009
Happy Birthday, MITTX

On Saturday, the granddaddy of mutual funds — the Massachusetts Investors Trust Fund (MITTX) — will celebrate its 85th birthday.

By Bloomberg
MUTUAL FUNDS MAR 15, 2009
Big-name investors lose luster with some advisers

Believing that the financial oracles may have lost their gifts, many advisers appear unwilling to tie their fortunes to the investment acumen of such big-name investors as Warren E. Buffett and Bill Miller.

By Bloomberg
ETFS MAR 13, 2009
State Street: ETF assets dropped in February

Total assets in exchange traded funds fell $45 billion last month, to $451 billion, according to data released today by State Street Global Advisors of Boston.

By Bloomberg
ALTERNATIVES MAR 13, 2009
Angelsoft.net, GlobalBroker

Angelsoft.net updated its search engine and GlobalBroker.com has launched a web-based market for owners or buyers to sell or to lease commercial real estate.

By Bloomberg
ALTERNATIVES MAR 13, 2009
National Advisors opens doors to alternatives

National Advisors Trust Co. said today that it was expanding the alternative-investment-custody services that it provides to advisers.

By Bloomberg
EMERGING MARKETS MAR 13, 2009
China worried about its U.S. debt holdings

China's premier is worried about its massive holdings of Treasuries and other U.S. debt, appealing to Washington to safeguard their value.

By Bloomberg
MUTUAL FUNDS MAR 13, 2009
Five Pimco funds redeem $225M of ARS

Five closed-end mutual funds advised by Pacific Investment Management Co. will redeem an additional $225 million in illiquid auction rate securities.

By Bloomberg
EMERGING MARKETS MAR 13, 2009
Swiss will adopt world standards on tax evasion

The Swiss government says it will cooperate on cases of international tax evasion, breaking with a long-standing tradition.

By Bloomberg
ALTERNATIVES MAR 12, 2009
Schwab back pedals on alternatives ban

The Charles Schwab Corp., under fire from some investment advisers for abruptly ending custody of most alternative assets, said it is modifying the policy but not abandoning it.

By Bloomberg
MUTUAL FUNDS MAR 12, 2009
Mutual funds have net inflows of $44B in past two months

Mutual funds attracted net inflows of $44 billion during January and February, according to a report from Strategic Insight Mutual Fund Research and Consulting.

By Bloomberg