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...line of ETFs - ones that are actively managed. Firms ranging from Invesco to Pimco have launched about 12 of these funds over the past two years; others, such as T. Rowe Price Group and John Hancock Funds, are preparing to roll out similar funds, all in an effort to go head-on against actively managed mutual funds. "It's clearly a category that's attracting more interest among ETF providers and mutual-fund companies," says Standard & Poor's Tom Graves. "It combines the characteristics of a passive, index-based ETF with that of an actively managed mutual fund." (See pictures...

Author: /time Magazine | Title: Exchange-Traded Funds: The Hidden Risks | 1/22/2010 | See Source »

Both Harvard Democrats President Jason Q. Berkenfeld ’11 and Harvard Republican Club President Mark A. Isaacson ’11 said that January term, which scattered their members throughout the country for a few weeks, hurt the clubs’ ability to foster a stronger volunteer effort on behalf of their respective candidates...

Author: By Stephanie B. Garlock, CRIMSON STAFF WRITER | Title: Senate Race Heats Up Campus | 1/21/2010 | See Source »

...effort to promote literacy at international schools in poor municipalities, the trio—along with four other GSE students and a staff member—traveled to Caluco, El Salvador from Jan. 4 to Jan. 13 of January term. The group brought along 1,300 books to start three libraries, teaching parents and teachers in the area how to utilize these new resources both in the classroom and at home...

Author: By Xi Yu, CRIMSON STAFF WRITER | Title: GSE Students Bring Books To Caluco | 1/21/2010 | See Source »

...residences resold within five years of their purchase. Earlier this month the State Council introduced a rule that requires a 40% down payment on the purchase of a second home, and on Jan. 12, China's central bank raised the reserve requirement for commercial lenders in an effort to control the torrid growth of credit after the value of new loans more than doubled last year. (See pictures of the best-selling cars in China...

Author: /time Magazine | Title: Amid Recovery, China's Property Market Soars | 1/21/2010 | See Source »

...people say the health care bill is the Massachusetts plan taken nationally. It's not. That's not true. There are certain component parts of it, of course. The fact that we have made an effort to insure everybody. But we passed our plan without cutting Medicare. We didn't raise taxes. It was all self-sufficient. It was done through a free-market system where people could go in and [comparison shop] for a plan, and if they couldn't afford it, they would get a form of government subsidy...

Author: /time Magazine | Title: Scott Brown: If Dems Push Senate Bill Through, 'They'll Pay for It Dearly' | 1/20/2010 | See Source »

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