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VANCOUVER, British Columbia , Oct. 29 /PRNewswire/ -- Brookfield Timberlands Management LP ("Brookfield Timberlands"), a wholly owned subsidiary of Brookfield Asset Management Inc. (NYSE: BAM; TSX), is pleased to announce the release of our third ...
Read moreBrookfield Timberlands Management Releases Third Quarter 2008 Global ... - MSN MoneyCentral
Genworth Financial, Inc. Launches Wealth Management Division-AP The Associated Press reported that Genworth Financial, Inc. said it combined a former unit and an acquired company to create a new wealth management division. Genworth Financial Asset ...
Read moreSignificant Developments: Insurance - Life & Health - Reuters
E*TRADE Group, Inc. Enters Into Asset Management Business E*TRADE Group, Inc. announced that it received approval from the Securities and Exchange Commission and the National Association of Securities Dealers to enter the asset management business ...
Read moreSignificant Developments: Investment Services - Reuters
Prudential Fixed Income Management has appointed structured finance veteran Sara Bonesteel head of its efforts to identify new opportunities for structured asset management and to develop financing strategies and relationships for its many businesses ...
Read morePrudential Fixed Income Management Names Sara Bonesteel to Lead ... - MSN MoneyCentral
Legg Mason Inc. strongly denied yesterday a published report that it is considering taking itself private and spinning off some of its many subsidiaries. The question about going private comes as the Baltimore money manager's stock price has been ...
Read moreNo plans to go private, Legg Mason says - Baltimore Sun
Oct. 29 (Bloomberg) -- South Korea's stock index gyrated by as much as 15 percent amid speculation of corporate bankruptcies and after a newspaper reported that the International Monetary Fund offered to provide the country with funds. The Kospi ...
Read moreSouth Korean Stocks Gyrate on Corporate Woes, IMF Speculation - Bloomberg
UK investment manager Legal & General will enter the Absolute Return sector with the launch on November 10 of a new fund, the Diversified Absolute Return Trust, which will be managed by David North, head of asset allocation at Legal & General ...
Read moreLegal & General retail investment business enters absolute return ... - Hedge Week.com
Wal-Mart Stores Inc.'s share price posted the biggest jump in 20 years, surging 11 percent to $55.17, after the world's largest retailer forecast “low-single” digit same-store sales growth on a percentage basis going into 2009. The company plans ...
Read moreWal-Mart stock price jumps most in 20 years - San Diego Union-Tribune
Oct. 29 (Bloomberg) -- Asian stocks rose, extending a global rally, amid speculation Japan will cut interest rates and China will take steps to boost equities, adding to efforts worldwide to shore up financial markets. Mitsubishi UFJ Financial Group ...
Read moreAsia Stocks Extend Global Rally as Nations Move to Ease Crisis - Bloomberg
Rallies have boosted markets, but experts say investors must choose carefully and follow the classic rules of diversification and understanding their portfolio, as there is still downside potential. Trust Your Common Sense The traditional rules still ...
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