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Pimco betting on these currencies
INDUSTRY NEWS MAY 16, 2011
Pimco betting on these currencies

Going where the growth is high and the debt is low; buying a ton of won

By John Goff
The class of asset classes? It's not even close these days
RIAS MAY 16, 2011
The class of asset classes? It's not even close these days

Commodities remain one of the hottest asset-classes going. For the fifth straight month, investments in real stuff -- natural resources, minerals and food -- handily beat stocks, bonds and greenbacks.

By John Goff
Texas woman's investment strategy? Hit the state lottery -- four times
RETIREMENT PLANNING MAY 16, 2011
Texas woman's investment strategy? Hit the state lottery -- four times

Small-town resident has raked in $21M in four separate jackpots. Mathematicians put the odds of this happening at 18,000,000,000,000,000,000,000,000 to 1. That's a lot of zeros.

By Bloomberg
Farmers make a killing buying back land from struggling banks
INDUSTRY NEWS MAY 16, 2011
Farmers make a killing buying back land from struggling banks

Banks come a cropper, as farmers buy back acreage at a fraction of the price they sold it for.

By Steve Daniels
RETIREMENT PLANNING MAY 15, 2011
Special report: The top-performing SMAs

Here, you'll find the top ten SMAs across six different categories, with data provided to InvestmentNews exclusively by Prima Capital.

By Mark Bruno
EQUITIES MAY 15, 2011
Prima Capital's Nathan Behan: First-quarter commentary

Nathan Behan, a senior investment analyst at Prima Capital Holdings, outlines some key recent and long-term trends in the markets in an economic report and analysis on the first quarter

By MFXFeeder
REGULATION AND LEGISLATION MAY 15, 2011
Finra: Make broker-dealers disclose 'shelf space'

Finra wants broker-dealers to disclose the revenue-sharing deals they have with mutual funds

By Dan Jamieson
INDUSTRY NEWS MAY 15, 2011
Wells Fargo shakes up wealth management

Wells Fargo & Co. has cut the number of regional managers — and operating regions — in its wealth management division to better integrate the investment advisory business it inherited from Wachovia Corp.

By Andrew Osterland
ALTERNATIVES MAY 15, 2011
Pay-for-performance change by SEC could cost advisers

An SEC rule proposal that would raise the net-worth thresholds at which advisers would be allowed to charge performance-based fees would likely cut into the bottom lines of smaller hedge funds, private-equity firms and some registered investment advisers

By Liz Skinner
LIFE INSURANCE AND ANNUITIES MAY 15, 2011
Judge kills Pru motion to toss death benefit suits

A Massachusetts federal court judge has quashed a motion by Prudential Insurance Co. of America to dismiss a lawsuit alleging that the insurer had wrongfully held on to veterans' death benefits instead of paying them out in a lump sum

By Darla Mercado
REGULATION AND LEGISLATION MAY 13, 2011
SEC: New York mortgage fund adviser defrauded investors

Claim Barriger misused fund's assets and issued false statements about returns

By Liz Skinner
Wells Fargo shakes up wealth management
RIAS MAY 13, 2011
Wells Fargo shakes up wealth management

Wells Fargo dramatically rejiggered its regional management set-up — with five execs losing their positions. According to a bank spokesman, the move is intended to help Wells 'realize the efficiencies of the merger with Wachovia.' One of those efficiencies: Cross-selling to Wachovia clients.

By Andrew Osterland
Boat's sailed on QE2 – and these three bond funds should gain
RETIREMENT PLANNING MAY 13, 2011
Boat's sailed on QE2 – and these three bond funds should gain

The Fed Reserve's quantitative easing is finally about to end. S&P analyst Michael Souers says this could be a real a boost for Treasuries with less lengthy maturities. Retirees, take note.

By Jeff Benjamin
Hoard 'em, Horns! University of Texas sitting on nearly $1B in gold bullion
INDUSTRY NEWS MAY 13, 2011
Hoard 'em, Horns! University of Texas sitting on nearly $1B in gold bullion

Apparently, investment officials for Longhorn endowment not overly bullish; also invest for Texas A&M

By John Goff
REGULATION AND LEGISLATION MAY 12, 2011
Goldman Sachs slapped with subpoena in credit crisis probe: Sources

According to sources, the Manhattan DA's office has slapped Goldman Sachs with a subpoena. The district attorney is said to be examining the bank's activities right before the financial meltdown in 2008.

By John Goff
REGULATION AND LEGISLATION MAY 12, 2011
House Republicans try to unravel Dodd-Frank

House Republicans last week formally began their effort to roll back parts of the Dodd-Frank financial reform law, with a House Financial Services subcommittee approving several bills that would reverse some of the measure's mandates, including one that requires private fund advisers to register with the Securities and Exchange Commission

By Mark Schoeff Jr.
Silver investors holding 'a falling knife'
INDUSTRY NEWS MAY 12, 2011
Silver investors holding 'a falling knife'

Hiked margin requirements, plus slowing global economy, triggering biggest drop in futures prices since 1983

By John Goff
Forget Asia - the bargains are in Europe
INDUSTRY NEWS MAY 12, 2011
Forget Asia - the bargains are in Europe

The booming emerging economies of greater Asia have been a powerful investment theme for several years now, and China has represented the biggest lure of all

By David Marcus
REGULATION AND LEGISLATION MAY 12, 2011
Finra shells out big lobbying $$

Finra hiked its lobbying expenditures in the first quarter of this year

By Dan Jamieson
SEC taps ex-Janus manager to oversee money market funds
MUTUAL FUNDS MAY 12, 2011
SEC taps ex-Janus manager to oversee money market funds

The SEC has hired a former Janus Capital Group Inc. portfolio manager to help oversee the $2.8 trillion money market fund industry, a new position.

By Jessica Toonkel