Bloomberg

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INVESTING MUTUAL FUNDS MAR 10, 2008
Suit against American Funds dropped

Industry observers are cheering the news that the hugely popular American Funds group stood up to regulators — and won.

YOUR PRACTICE FINTECH MAR 10, 2008
Top re-balancing-software vendors duke it out for new customers

Competition is heating up in the normally sedate world of portfolio-re-balancing software.

NEWS BROKER DEALERS MAR 10, 2008
Becoming a thriving enterprise

Financial advisory firms have evolved from home-based businesses, to one-man shows, to full-fledged, thriving enterprises with multiple professionals and sometimes many staff members.

INVESTING MUTUAL FUNDS MAR 10, 2008
Eye on Asian firms with dividends

Investors have gotten used to associating the Asian equity markets with growth, but dividends are often an overlooked and potentially rewarding opportunity.

INVESTING ETFS MAR 10, 2008
Bear unveils actively managed ETF

the Bear Stearns Current Yield Fund (YYY) will begin trading on the American Stock Exchange on March 18.

NEWS INDUSTRY NEWS MAR 10, 2008
Wholesale stats rebound in January

Farm product sales jumped 16.1% for January and 73.3% from the year-ago period.

INVESTING ESG MAR 10, 2008
Don't count out clean-energy stocks, some say

The big hit clean-energy stocks have taken this year is just an expected correction, not the end of a fad, green-investing advocates say.

NEWS BROKER DEALERS MAR 10, 2008
Indie broker-dealers welcome SEC plan

The SEC's proposed changes to Regulation S-P may slow down recruiting of independent reps, but executives with independent broker-dealers nonetheless are relieved that the agency has given some potential guidance on the issue.

INVESTING ALTERNATIVES MAR 10, 2008
Blackstone books precipitous loss

Blackstone Group today announced fourth-quarter losses of $170 million, compared with a profit of $1.18 billion one year earlier.

NEWS INDUSTRY NEWS MAR 10, 2008
An alternative fleece

If hedge funds are becoming too commonplace, Michael Goldston offers jaded high-net-worth investors an alternative investment whose distinctiveness will knock their socks off and keep their feet toasty at the same time.