American Independence Funds Adopt ReFlow Liquidity Service (Business Wire via Yahoo! Finance)
SAN FRANCISCO----ReFlow Management Co., LLC, a global provider of mutual fund liquidity and performance tools, today announced that American Independence Financial Services, LLC, has signed up to use ReFlow’s Redemption Service for its family of actively-managed and lifecycle funds.
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Trade bodies urge broader role for bank pay committees (eFinancial News)
Banks’ remuneration committees should boast expertise as well as independence in discharging their duties and should take account of a broader range of factors, senior figures from trade unions and financial industry bodies have told an influential parliamentary committee.
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How the financial meltdown forced Mervyn King to ditch focus on inflation (Guardian Unlimited)
A crumbling economy, the most severe banking crisis since the first world war and the halving of oil prices were cited by Mervyn King yesterday as the catalysts for a radical rethink of policy that resulted in last week's 1.5-point drop in interest rates from the Bank of England. Unveiling Threadneedle Street's quarterly healthcheck on the economy King, the Bank's governor, said a ...
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Cashing in Our Financial Future: Recent Take Charge America Poll Reveals Increased Interest to Prematurely Withdraw ... (Marketwire via Yahoo! Finance)
Take Charge America, one of the nation's largest non-profit financial education, credit counseling and debt management organizations, is concerned that many Americans are forfeiting any opportunity to enjoy their future as they cash in 401Ks prematurely, retire early, or misunderstand the penalties associated with critical financial decisions.
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Latin America: Not So Insulated After All (Washington Post)
In recent years, commentators and policymakers alike have praised Latin America for its growing financial independence and maturity. Fiscal discipline, high commodity prices, and sustained economic growth brought down external debt levels, built international reserves, and strengthened government and corporate balance sheets, placing the region on firmer economic footing. When crisis hit U.S. ...
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