Hartford Works With NCAA To Publicize 529 Plans
By Staff WriterNU Online News Service, Feb. 28, 2005, 2:41 p.m. ESTA Simsbury, Conn., insurer is organizing a contest to promote college savings accounts.[@@]The insurer, Hartford ...
February 28, 2005
Study: 500 New Funds Launched Last Year, But Survival Getting TougherNEW YORK (HedgeWorld.com) -- A survey by Tabb Group puts the number of hedge funds at 8,600 and total industry assets at US$930 billion. While the asset amount is below the US$1 trillion found by other studies, the number of funds is higher than the often-quoted 7,000. Tabb Group, based...
February 28, 2005
Tuckerbrook Hires Sales StaffersBOSTON (HedgeWorld.com)--Amanda Whelan and Joe Poretta were hired this month to handle sales at Tuckerbrook Alternative Investments LP. Jay Yoder launched Tuckerbrook in 2004, following his departure from Smith College, where he oversaw the investment of the school's endowment. Last November, the firm launched its first hedge fund, Tuckerbrook Long-Short...
February 28, 2005
Earnings: AXA, ING, Manulife, American Equity, OthersThe weakness of the dollar is helping and hurting the revenue of European companies with large U.S. insurance operations.[@@]AXA S.A., Paris, and ING Groep ...
February 28, 2005
MetLife: Few Workers Aware Of Health Coverage CostsNU Online News Service, Feb. 28, 2005, 8:04 p.m. ESTAbout 28% of full-time employees believe employer-sponsored medical insurance costs less than $1,000 per year.[@@]Researchers ...
February 28, 2005
Fidelity Increases Sales of Advisor Class FundsFeb. 24, 2005 -- Fidelity Investments said its sales of mutual funds that are sold by financial advisors increased 31% to $6.1 billion last year...
February 28, 2005
SocGen to Acquire BofA Structured Products BusinessNEW YORK (HedgeWorld.com)--In the next 30 days, SG Corporate & Investment Banking executives hope to close an acquisition deal with Bank of America Corp. to purchase the part of its structured investment business that deals with hedge fund lending. Christophe Miann?, global head of SG (Soci?t? G?n?rale) CIB's equity derivatives...
February 28, 2005
NASD Brings Charges Against American Funds DistributorsFeb. 16, 2005 -- Broker regulator NASD on Wednesday charged American Funds Distributors Inc. with directing about $100 million to brokerage firms to reward them...