Investing

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MUTUAL FUNDS APR 17, 2008
Mutual funds better at being green

The number of mutual funds voting against climate change resolutions declined from 77.8% in 2004 to 65% in 2007.

By Bloomberg
LIFE INSURANCE AND ANNUITIES APR 17, 2008
Federal insurance adviser floated

A bill would create a federal office inside the Treasury to provide expertise on regulating the insurance industry.

By Bloomberg
ALTERNATIVES APR 16, 2008
$3.7 billion man tops hedge fund list

Paulson & Co.'s John Paulson was paid $3.7 billion in 2007, surpassing George Soros, who received $2.9 billion.

By Bloomberg
LIFE INSURANCE AND ANNUITIES APR 15, 2008
Gen Re CEO steps down

Joseph P. Brandon, chairman and chief executive of General Re Corp., left his post following a rocky court case.

By Bloomberg
ALTERNATIVES APR 15, 2008
Best practices for hedge funds proposed

Hedge fund managers prepared one set of recommendations; investors with money in the funds compiled the other.

By Bloomberg
ALTERNATIVES APR 15, 2008
Bayou 'mastermind' gets 20-year sentence

Samuel Israel III, former CEO of the defunct Bayou hedge fund, was also ordered to pay $300 million in restitution.

By Bloomberg
MUTUAL FUNDS APR 14, 2008
Tax-managed funds pique investor interest

Tomorrow is the deadline for filing income taxes, but investors are already thinking about ways to pay less next year — driving more to consider tax-managed mutual funds.

By Bloomberg
ETFS APR 14, 2008
Barclays ads tout iShares - and advisers - to investors

Responding to advisers who complain that the iShares brand means little to their clients, Barclays Global Investors is modifying its marketing.

By Bloomberg
ETFS APR 14, 2008
ETNs are enjoying steady growth

As more companies begin to offer exchange traded notes, it's beginning to look like the small but growing ETN universe could one day be a competitor to mutual funds and exchange traded funds.

By Bloomberg
ETFS APR 14, 2008
Mutual fund seeks diversification through ETFs

The original thinking behind the development of the SmartGrowth ETF Lipper Optimal Growth Index Fund (LPGAX) was to create a viable alternative to traditional asset allocation models.

By Bloomberg
MUTUAL FUNDS APR 14, 2008
Mutual fund expenses held steady in '07

The era of declining mutual fund expenses is over, and in fact, the cost of investing in a fund may soon be headed back up.

By Bloomberg
MUTUAL FUNDS APR 14, 2008
TIAA-CREF’s new CEO faces challenges

As Roger W. Ferguson Jr. takes the helm of TIAA-CREF today, he assumes control of a company that often frustrates financial advisers.

By Bloomberg
LIFE INSURANCE AND ANNUITIES APR 14, 2008
Iowa moves to ban STOLI products

The Iowa Legislature has approved a bill to ban stranger-originated life insurance practices.

By Bloomberg
RETIREMENT PLANNING APR 14, 2008
Labor Department hears 401(k) providers on fee-disclosure regs

Service providers to 401(k) plans should not be required to be fiduciaries of the plans, the Department of Labor is being told.

By Bloomberg
MUTUAL FUNDS APR 14, 2008
Sentinel launches two do-good mutual funds

Expanding into what some industry observers see as a significant growth area, Sentinel Asset Management Inc. last week launched two funds focused on socially conscious investing.

By Bloomberg
LIFE INSURANCE AND ANNUITIES APR 11, 2008
Zurich Financial cuts 400 jobs

Zurich Financial Services announced that it is cutting 400 jobs at its North American business insurance unit.

By Bloomberg
ALTERNATIVES APR 11, 2008
London hedge fund sued for late trading

Headstart Advisers and its chief investment adviser, Najy N. Nasser, reaped $198 million in illicit profits, the SEC alleges.

By Bloomberg
MUTUAL FUNDS APR 11, 2008
Vanguard adds adviser to two funds

Baillie Gifford Overseas will be added as an adviser to its $6.9 billion Global Equity Fund and the $980 million Growth Equity Fund.

By Bloomberg
ETFS APR 11, 2008
Actively managed ETF launched

Invesco PowerShares Capital Management also has launched an actively managed fixed-income ETF.

By Bloomberg
RETIREMENT PLANNING APR 09, 2008
Retirement angst reaches 18-year high

Less than 20% of American workers feel confident that they will be able to afford a comfortable retirement .

By Bloomberg