Class B mutual fund shares are under assault. Dreyfus became the second fund company to stop offering B shares in March; Franklin-Templeton was the first in 2005.
Way back in 1998, when stocks were hot, investment-biker and former Soros-partner Jim Rogers launched a commodity index fund, predicting a flat-out bull market in a wide range of commodities. How right Rogers was, again.
Ty Schommer, Lynn Soiseth, James “Vince” O'Reilly, and Scott Ingrim have joined A.G. Edwards in Anchorage, Ala. The team was previously at Morgan Stanley.