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Arc Fund Management announces disposal of three subsidiaries

Arc Fund Management Holdings has announced the disposal of its Arc Fund Management, Arc Equities and Arc Capital and Income subsidiaries to John Gracey, a former director of Arc.The cash consideration payable for Arc Fund Management Holdings (AFML) and
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Coughlin Stoia Geller Rudman & Robbins LLP Files Class Action Suit Concerning Certain Mutual Funds Offered by Regions Morgan Keegan Trust

SAN DIEGO - (Business Wire) Coughlin Stoia Geller Rudman & Robbins LLP (Coughlin Stoia) (http://www.csgrr.com/cases/morgankeeganco/) today announced that several class action lawsuits have been commenced in the United States District Court for the
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Big Apple Hedge Fund Launches Derivatives-Heavy Fund

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Art Fund to Launch on Hedge Fund Platform

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ICI Comments on Indexed Annuities and Certain Other Insurance Contracts, September 2008

- ICI urged the U.S. Securities and Exchange Commission to resolve longstanding uncertainty regarding the status of indexed annuities under the federal securities laws. The Institute commented in response to an SEC proposal to define certain indexed
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ICI Comments on Soft Dollars, October 2008

ICI Comments on Proposed Guidance Regarding Duties and Responsibilities of Fund Boards of Directors with Respect to Investment Adviser Portfolio Trading Practices Washington, DC, October 1, 2008 - ICI urged the U.S. Securities and Exchange Commission to
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Coughlin Stoia Geller Rudman & Robbins LLP Files Class Action Suit Concerning Certain Mutual Funds Offered by Regions Morgan Keegan Trust

Coughlin Stoia Geller Rudman & Robbins LLP (Coughlin Stoia) (http://www.csgrr.com/cases/morgankeeganco/) today announced that several class action lawsuits have been commenced in the United States District Court for the Western District of Tennessee
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'No panic retreat from pension funds'

No, there's no panicked withdrawal from long-term savings, insists Israel's savings watchdog Yadin Antebi. Withdrawals from provident funds are running at about NIS 150 million to NIS 200 million a day. Earlier in the year, before the credit crisis
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Coughlin Stoia Geller Rudman & Robbins LLP Files Class Action Suit Concerning Certain Mutual Funds Offered by Regions Morgan Keegan Trust

SAN DIEGO--(BUSINESS WIRE)-- Coughlin Stoia Geller Rudman & Robbins LLP ('Coughlin Stoia') (http://www.csgrr.com/cases/morgankeeganco/) today announced that several class action lawsuits have been commenced in the United States District Court for the
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Coughlin Stoia Geller Rudman & Robbins LLP Files Class Action Suit Concerning Certain Mutual Funds Offered by Regions Morgan Keegan Trust

Also News Release (U-RMA) RMK ADVANTAGE INCOME FD INCAlso News Release (U-RMH) RMK HIGH INCOME FD INCAlso News Release (U-RSF) RMK STRATEGIC INCOME FD INCSAN DIEGO -- (Business Wire) Coughlin Stoia Geller Rudman & Robbins LLP (Coughlin Stoia)
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Coughlin Stoia Geller Rudman & Robbins LLP Files Class Action Suit Concerning Certain Mutual Funds Offered by Regions Morgan Keegan Trust

SAN DIEGO (Business Wire) -- Coughlin Stoia Geller Rudman & Robbins LLP ('Coughlin Stoia') (http://www.csgrr.com/cases/morgankeeganco/) today announced that several class action lawsuits have been commenced in the United States District Court for the
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Coughlin Stoia Geller Rudman & Robbins LLP Files Class Action Suit Concerning Certain Mutual Funds Offered by Regions Morgan Keegan Trust

SAN DIEGO - (Business Wire) Coughlin Stoia Geller Rudman & Robbins LLP (Coughlin Stoia) (http://www.csgrr.com/cases/morgankeeganco/) today announced that several class action lawsuits have been commenced in the United States District Court for the
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Top fund manager urges part-nationalisation of UK banks

JP Morgan Asset Management's financials expert Ian Henderson is in favour of part-nationalisation of the UK banking system. Henderson (pictured), who has run the JPM Global Financials fund since October 1999, joined the growing band of professionals,
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Ohio Wins $98M Settlement in State Pension Fund Suit with PWC

Ohio Attorney General Nancy Rogers announced the pact reached in the case on behalf of the Ohio Public Employees Retirement System, State Teachers Retirement System, and Ohio Police & Fire Pension Fund. The action seeks damages for investors who
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Faircourt Asset Management Inc. Announces Wind Up of the Faircourt Dividend Fund

<< /THIS PRESS RELEASE IS NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES/ >> TORONTO (CNW) - Faircourt Asset Management Inc. ('Faircourt') today announced that it intends to wind-up the Faircourt Dividend Fund (the 'Fund').
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HedgeFund.Net Publishes New Funds of Funds Report

Funds of funds have been highly criticized in 2008 for a widening gap of under performing the broad hedge fund industry. In 2008, funds of funds are lagging hedge fund returns by the largest margin in several years. A new report produced by HFN looks
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Lehman Weighs Alt Sales Options

Lehman Brothers is evaluating opportunities for its private equity and venture capital units following the sale of its asset management business, Reuters reports. The banking group?s direct private equity businesses have about $15 billion assets and
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AXA Expands FoHF Unit

has made four hires to bolster its fund of hedge funds unit. The firm has appointed Roman Berri as portfolio manager, David Canty as senior operational due diligence analyst, Aninda Nath as senior strategy analyst and Wesley Thornburgh as strategy
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Mutual Funds

Birla Sun Life Liquid Plus Retail*
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Insurance Cover to Stay Bundled with Mutual Funds

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PIMCO Income Opportunity Fund Reports Results for the Fiscal Quarter and Period Ended July 31, 2008

NEW YORK, Oct. 6, 2008 (GLOBE NEWSWIRE) -- PIMCO Income Opportunity Fund (the ''Fund'') (NYSE:PKO - News), a non-diversified, closed-end management investment company which seeks current income as a primary focus and also capital appreciation, today
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PIMCO Municipal Advantage Fund Inc. Reports Results for the Fiscal Quarter and Nine Months Ended July 31, 2008

NEW YORK, Oct. 6, 2008 (GLOBE NEWSWIRE) -- PIMCO Municipal Advantage Fund Inc. (the ''Fund'') (NYSE:MAF - News), a closed-end management investment company which seeks a high level of current income exempt from regular federal income taxes, consistent
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Pension Funds Look for Some Payback

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Treasury to Hire Asset Management Firms to Jumpstart Rescue

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Hedge funds with billions tied up at Lehman face months of uncertainty

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Hedge fund funds are under pressure

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Hedge funds wilt in credit drought

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PwC predicts more hedge fund controls

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Pension Funds Offer to Help Save Economy

The Icelandic pension funds offered on Saturday to relocate part of their assets to Iceland to increase the flow of foreign currency to the country, provided that Icelandic banks, financial institutes and investment companies do the same. The pension
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Advoco Dedicates a Service Arm to Concentrate on Enterprise Asset Management

SAN FRANCISCO --(Business Wire)-- Advoco, a leading consulting services company, announced today that it has formed a dedicated consulting practice with an initial focus on Enterprise Asset Management (EAM). This service group will operate as Advoco
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