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FUND RATERS BECOME RAIDEES IN M&A BLITZ

Like mutual funds themselves, the companies that rate them felt the pinch of heightened competition in 1998. Morningstar…

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OUR GANG OF 71: SEE HOW IT GROWS

Wealth managers, unite. When the year began, a group of advisers – dubbed the Gang of 71 –…

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ADVISER M&A: TALK BUT LITTLE ACTION

While many advisers talked the talk about merging and acquiring one another in 1998, only a few managed…

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LONG SWATTED, GOLDBUGS SWARM

Gold investors, the butt of jokes for decades as the metal lost its luster relative to stocks, were…

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BLOCK TO TACKLE FINANCIAL PLANS

Seems like all kinds of companies want in on the investment-advice business these days, but the 1998 entrance…

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THE YACKTMAN COMETH (AFTER HIS DIRECTORS)

When 1998 began, Donald A. Yacktman was a big-name mutual fund manager with a pair of funds whose…

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A YEAR OF BANKS MERGING AGAIN

Big bank mergers did more than create the nation’s first coast-to-coast bank in BankAmerica Corp.: They put some…

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BONDS PROVE NO MAGIC PILL FOR SLEEPLESS NIGHTS

Equity-like fits and starts shook the normally sleepy world of bonds even as interest rates held steady for…