Bloomberg

Bloomberg
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NEWS RIAS SEP 18, 2007
Fidelity renames RIA group

Fidelity Registered Investment Advisor Group today became Fidelity Institutional Wealth Services.

INVESTING ETFS SEP 17, 2007
ETF veteran signs on with IndexIQ

Agustin “Gus” J. Fleites is now the president of IndexIQ Advisors, a new asset management subsidiary of IndexIQ.

RETIREMENT LIFE INSURANCE AND ANNUITIES SEP 17, 2007
Storms steps down as Marsh's CEO

Marsh & McLennan Cos. stock slipped after Brian M. Storms stepped down as CEO of Marsh Inc. on Friday.

RETIREMENT LIFE INSURANCE AND ANNUITIES SEP 17, 2007
Insurance regulators join fight against bilking of the elderly

Insurance regulators are joining the attack on investment fraud that targets older Americans.

INVESTING EMERGING MARKETS SEP 17, 2007
The new China syndrome is soaring stock prices

Recent recalls of Chinese products, including poisonous pet food and toys coated in lead paint, are having little effect on red-hot Chinese stocks.

YOUR PRACTICE FINTECH SEP 17, 2007
Some experts question industrywide popularity of Monte Carlo simulations

When it comes to using Monte Carlo simulations, Shawn Brayman says he’s heard it all.

NEWS INDUSTRY NEWS SEP 17, 2007
Advisers are rolling in dough, study concludes

Compensation for financial advisers continues to skyrocket, and the profession will become even more lucrative, according to a study released last week.

NEWS INDUSTRY NEWS SEP 17, 2007
Munis at ‘once in a decade’ bargain levels

The municipal bond market is recovering after a period of extreme turmoil last month during which buyers disappeared and trading froze up. Despite a strong rally since then, observers say, some longer-term municipal bonds still offer yields almost equal to taxable paper — an extremely rare event — and remain attractive buys.

NEWS INDUSTRY NEWS SEP 17, 2007
A.G. Edwards suing over broker defections

The escalating battle between A.G. Edwards & Sons Inc. and Stifel Financial Corp. is now in the courts.

INVESTING ETFS SEP 17, 2007
Two proposed ETFs plan to tap private equity

Despite a downturn in private-equity returns, two new exchange traded funds providing investors access to that space may soon be launched. The proposed ETFs — one from PowerShares Capital Management LLC of Wheaton, Ill., and the other from Barclays Global Investors of San Francisco — would join what is the only private-equity ETF in existence: the PowerShares Listed Private Equity Fund.