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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.

Treasury Secretary Henry M. Paulson Jr. said Wall Street investment firms should provide more information on their financial condition if they are allowed to borrow money from the Federal Reserve.

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.

Kevin Crowe has joined MetLife Investors Distribution Company as managing director for the annuity bank channel.

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.

Eliot Spitzer, former Wall Street crusader, New York State Attorney General and New York Governor in a first term that ended with his abrupt resignation on March 17, may be forced to release thousands of incriminating e-mails with regards to his alleged smear campaign against Senate Majority Leader Joseph L. Bruno.

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

CalPERS' Returns Dip

Citadel Hires Morgan's Foreign Exchange Chief

After a year of record growth, Hartford Financial Services wants to expand its 529 college savings business over the next two years by increasing sales and, perhaps, in what would be a shift in strategy, by becoming a plan sponsor in another state.

While the storied Bear Stearns went up for a fire sale of $236 million to JPMorgan last week, less than one-tenth of its trading price, Bear hit another brick wall.

WASHINGTON-Few question the Federal Reserve Board's recent efforts to stabilize the economy, but plenty of people are wondering how much risk the central bank is taking.

Shareholders in a number of large Fidelity mutual funds, most notably the $73 billion Contrafund, succeeded in forcing a proxy vote at press time on whether the company should institute a "genocide-free" investment policy. Insiders did not expect, however, the unbinding measure to pass.

BOSTON-Asset managers will have to adapt their techniques and operations beyond their current business models to survive the shifting demands in the retirement product marketplace.

Since the March 16 buyout of Bear Stearns by JPMorgan Chase, Morgan scouts have been “all over” Bear’s staff, looking for the best and brightest members.

The price of crude oil and gold fell nearly 10% in less than 36 hours on Wednesday and Thursday, backfiring on investors who were using commodities as a hedge against inflation.

An exchange-traded note that shorted gold saw futures prices rise about 14% last week when gold prices plummeted.

Although they may have lost their battle to get Fidelity Investments to drop mutual funds that are linked to genocide in Sudan, activists say they are emboldened that more than one out of four shareholders voted in favor of their proposal.

While the Securities and Exchange Commission looks into unusually high “put” activity at Bear Stearns beginning on March 7, a handful of hedge fund managers used their magical touch as far back as the summer to foresee what was going down with regards to the subprime exposure at the investment firm. Greenlight Capital , Harbinger Capital Partners , Paulson Investment Co . and Tremblant Capital Group are among the larger hedge funds to place short positions on the stock, undoubtedly inspired by the subprime troubles in its hedge funds, The Wall Street Journal reports. Thus, the hedge fund managers handily earned themselves millions. As The Journal puts it, the asset managers are undoubtedly “trying to contain their joy among all the gloom on Wall Street.” Also this morning, the Associated Press cites a regulatory filing indicating that U.K. billionaire Joseph Lewis is valiently attempting to hold onto his 8.4% stake in Bear Stearns. And further across the pond, the Russian police have raided the Moskow offices of energy joint venture TNK-BP. So while the market gyrates with bad news from Bear Stearns, there is, of course, always the counterplay—as evidenced by JPMorgan Chase, Mr. Lewis, Greenlight Capital and other savvy hedge fund managers. The staff of Money Management Executive ("MME") has prepared these capsule summaries based on reports published by the news sources to which they are attributed. Those news sources are not associated with MME, and have not prepared, sponsored, endorsed, or approved these summaries.