Insurers Jump In as Obama Opens the Door for Annuities in Retirement Funds Insurers and mutual-fund companies
are starting to sell retirement accounts with built-in annuities
in response to concerns Americans will outlive their savings.
China Sovereign Fund Becomes Oil ETF's No. 4 Holder, Buys SPDR Gold Trust China Investment Corp., the nation’s
sovereign wealth fund, invested for the first time in the U.S.
Oil Fund, an exchange-traded crude-futures fund, joining Morgan
Stanley & Co. and Goldman Sachs Group among the top holders.
S&P 500 Plunge Fails to Shake Gabelli in Bet Technology Leads U.S. Economy The combination of record earnings
growth and the fastest withdrawals from mutual funds since
before credit markets froze is creating opportunities for Mario
Gabelli.