Bloomberg

Bloomberg
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INVESTING MUTUAL FUNDS NOV 07, 2007
Fidelity unveils three mutual funds

The funds include an international style-consistent growth fund and an asset allocation fund.

RETIREMENT LIFE INSURANCE AND ANNUITIES NOV 07, 2007
MassMutual names chief risk officer

Elizabeth A. Ward will handle all elements of strategic risk management and have oversight across MassMutual’s companies.

NEWS INDUSTRY NEWS NOV 07, 2007
Dollar continues its plunge

The dollar fell to historic lows against the euro on concerns that China would move reserves out of the U.S. economy.

INVESTING ETFS NOV 07, 2007
Rydex debuts ExpressShares ETFs

Rydex Investments has launched six ExpressShares exchange traded funds on the American Stock Exchange today, bringing the size of its ETF family to 30.

NEWS REGULATION AND LEGISLATION NOV 06, 2007
Tax bill 'dead on arrival,' says McCrery

A bill that would protect 21 million taxpayers from paying the AMT “will not become law,” said the congressman.

INVESTING ALTERNATIVES NOV 06, 2007
Hedge fund inflows $18.6B in September

Emerging markets took the lion’s share of the new money, as investors poured in $11.4 billion – 61% of the total.

RETIREMENT LIFE INSURANCE AND ANNUITIES NOV 06, 2007
Allianz upgrade to cover wildfire victims

Fireman’s Fund, a member of Allianz Group, has launched the first green homeowners’ insurance policy upgrade.

NEWS INDUSTRY NEWS NOV 06, 2007
Record revenue at Raymond James

Raymond James has surpassed the $1 billion mark in revenue this year — only the second indy B-D to reach that level.

RETIREMENT LIFE INSURANCE AND ANNUITIES NOV 05, 2007
NYLI names Eileen T. Slevin CIO

Ms. Slevin, a 30-year veteran of the company, will direct more than 1,300 tech professionals in six U.S. locations.

RETIREMENT LIFE INSURANCE AND ANNUITIES NOV 05, 2007
B-Ds brace for new rule on sales of deferred VAs

A new rule governing broker-dealers' sales of deferred variable annuities is about to drop, and the firms are arming themselves to face it — but not without a little grumbling.