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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.

NEWS INDUSTRY NEWS MAR 10, 2008
529 industry vocal in finalizing fed tax rules

The Section 529 college savings plan industry is trying to make sure that the Internal Revenue Service doesn't rain on its parade.

INVESTING ETFS MAR 10, 2008
SEC rule change would eliminate exemptive orders for ETFs

Investors will be the ultimate winners if a Securities and Ex-change Commission proposal to permit exchange traded funds to operate without having to obtain individual exemptive orders becomes a reality.

YOUR PRACTICE FINTECH MAR 10, 2008
eMoney updates 360Pro suite

The firm's version 5.2 of its eMoney Advisor 360Pro suite of online financial planning tools will launch this month.

RETIREMENT LIFE INSURANCE AND ANNUITIES MAR 10, 2008
Nationwide Mutual to buy back shares for $2.2B

The move is intended to simplify the mutual company's ownership structure, according to the firm.

NEWS INDUSTRY NEWS MAR 07, 2008
Wary consumers glum on economy

The RBC CASH Index fell to a reading of 33.1 in March, marking the index's worst reading since January 2002.

NEWS INDUSTRY NEWS MAR 07, 2008
Jobs down, but so are unemployment claims

U.S. nonfarm payrolls shed 63,000 jobs in February — the second consecutive monthly decline.

NEWS INDUSTRY NEWS MAR 07, 2008
Sanders Morris Harris Group

The Houston-based asset management firm’s earnings fell $596,000, after a net income of $2.6 million in the year-ago period.

INVESTING ALTERNATIVES MAR 07, 2008
Hedge funds beat out struggling markets

The Hennessee Hedge Fund Index advanced 1.4% in February but remains down 1.2% for the first two months of the year.

INVESTING FIXED INCOME MAR 07, 2008
Regional bond dealers band together

Turmoil in the bond market was a factor in the formation of the Regional Bond Dealers Association, based in Alexandria, Va.