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INVESTING MUTUAL FUNDS MAR 26, 2007
Labor Department weighs in on fee brouhaha

WASHINGTON — The Department of Labor has put the issue of enhanced 401(k) fee disclosure on its agenda, a move that could take some of the wind out of the sails of a legislative threat.

RETIREMENT RETIREMENT PLANNING MAR 26, 2007
IBM advice offering to 401(k) participants signals trend

NEW YORK — IBM Corp.’s announcement that it will offer financial planning services to all 127,000 of its U.S. employees is the biggest sign yet that companies are increasingly interested in providing workers with more individual — and effective — counseling on financial topics.

NEWS INDUSTRY NEWS MAR 26, 2007
Fiscally, the Tories’ budget is, well, conservative

By OTTAWA — The minority Conservative government’s budget, released last Monday, drew immediate fire from two Canadian opposition parties, the Liberals and New Democrats.

NEWS INDUSTRY NEWS MAR 26, 2007
Contracts a guard for bond investors’ rainy days

HUNTINGTON BEACH, Calif. — For fixed-income investors, few words cause more fear in the over-the-counter-credit-derivatives market and its whopping $26 trillion notional value than “default” and “bankruptcy.”

NEWS REGULATION AND LEGISLATION MAR 26, 2007
Contract boils down Fed action to ‘yea’ or ‘nay’

HUNTINGTON BEACH, Calif. — For asset managers, forecasting whether the Federal Reserve will cut U.S. interest rates for the first time in four years might become a little easier, thanks to a budding derivatives contract.

NEWS INDUSTRY NEWS MAR 26, 2007
Institutions beginning to handle volatility by trading it

LONDON — If you can’t beat it, trade it. That approach toward volatility is increasingly making inroads among institutional investors, including pension funds such as the $275 billion Stichting Pensioenfonds ABP of Heerlen, Netherlands.

NEWS INDUSTRY NEWS MAR 26, 2007
Hiring based on short term may be shortsighted

BOSTON — Institutional investors that shun potential money manager candidates because of below-median returns could be lowering their odds of picking a long-term winner, research from investment consultant DiMeo Schneider & Associates LLC shows.

NEWS WIREHOUSES MAR 23, 2007
Merrill bars non-clients from research

Merrill Lynch & Co. analysts are mad as hell that people are simultaneously belittling and stealing their investment ideas, according to Crain's New York Business.

NEWS WIREHOUSES MAR 21, 2007
Morgan Stanley profits soar 69%

Morgan Stanley today posted a 69% increase in first-quarter profits on strong advisory fees from higher trading levels and increased investment banking fees.

INVESTING ALTERNATIVES MAR 21, 2007
Beacon Rock faces market timing charges

In the first criminal case against a hedge fund for market timing, Beacon Rock Capital LLC and a former broker were charged with defrauding mutual funds of $2.4 million.