Bloomberg

Bloomberg
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NEWS INDUSTRY NEWS NOV 15, 2007
LSE's profits reach $79M for half year

the U.K. exchange reported operating profit up 41% to $78.6 million, and earnings per share up 48% to $0.73.

RETIREMENT LIFE INSURANCE AND ANNUITIES NOV 15, 2007
The Hartford names group reinsurance VP

Mr. DiDonna will lead about 150 people specializing in reinsurance, product development, actuarial services and underwriting.

YOUR PRACTICE WOMEN ADVISOR COMMUNITY NOV 14, 2007
Diversity efforts bearing fruit, says SIFMA

Race and gender diversity at financial firms has improved but has remained static for the past two years, a SIFMA report showed.

NEWS INDUSTRY NEWS NOV 14, 2007
Economy cooling after strong third quarter

Retail sales increased just 0.2% in October, following an increase of 0.7% in September.

RETIREMENT LIFE INSURANCE AND ANNUITIES NOV 14, 2007
Barbari named NYLI senior vice president

New York Life Insurance elected Patricia L. Barbari has to senior vice president in the Individual Policy Services department.

INVESTING MUTUAL FUNDS NOV 14, 2007
401(k)s boost mutual fund ownership

Nearly 51 million U.S. households own mutual funds, representing 44% of all households.

INVESTING ALTERNATIVES NOV 14, 2007
Greenwich hedge index climbs in October

And the index has increased 12.75% year-to-date, marking the best performance for the first ten months of the year since 2003.

NEWS INDUSTRY NEWS NOV 14, 2007
Fidelity Wealth boasts $325B in assets

Fidelity Institutional Wealth Services' total client assets reached $325 billion, up 50% from last year.

INVESTING ALTERNATIVES NOV 14, 2007
Amaranth sues JPMorgan for $1 billion

The now-defunct hedge fund claims that JPMorgan Chase & Co. hindered its efforts to avoid collapse.

INVESTING ALTERNATIVES NOV 13, 2007
Fortress dips on IPO costs

The Chicago-based private-equity and hedge fund firm posted a net loss of $37.6 million, or 52 cents a share.