Portfolio

Two years after their introduction, exchange-traded notes are still relatively unknown even among financial experts, but an increasingly volatile commodities market could alert investors to their hidden potential.

Reaction to the Subprime Crisis in the first quarter of 2008.

Market Outlook

Albany District Attorney David Soares has done an about-face and has told New York Senate Majority Leader Joseph Bruno that ex-governor Eliot Spitzer’s alleged involvement in an investigation into Bruno’s whereabouts was absolutely, positively Spitzer’s orders, according to reports over the weekend.

A £1 billion ($2 billion) hedge fund run out of London by Lewis Chester, Pentagon Capital Management, is under investigation by the Securities and Exchange Commission, The New York Times reports this morning.

NEW YORK—FTSE is ramping up its partnership with the Conflict Securities Advisory Group, which has been focusing on Iran, North Korea, Sudan and Syria since 2001, through the new FTSE CSAG Terror-Free Index Series, launched here Wednesday at a press conference at the Women’s National Republican Club.

J.P. Morgan said emerging market external debt increased inflows marginally from $4 billion in February to $5.5 billion.

John Hancock Retirement Plan Services is expanding its team that services third party administrators and shifting personnel to strengthen this move.

BOSTON—With auction rate securities in question, Evergreen Investments’ equity managers are now earnestly looking for alternate sources of liquidity, the firm announced in a conference call late yesterday.

Russell Investments has launched six new “strategy” funds in its LifePoints Funds, Target Date Series, including an “in retirement” portfolio