Monthly Archives: January 2004
News in brief
News in brief Company pensions make up ground COMPANY pension funds gained more than 18pc last year the first positive returns since the bear market began to bite in 1999. According to research by Russell/Mellon CAPS, a fund worth Pounds […]
PIMCO Strategic Global Government Fund, Inc. Fourth Quarter investment performance results and statistical portfolio information
NEWPORT BEACH, Calif., Jan. 23, 2004 (PRIMEZONE) — PIMCO Strategic Global Government Fund, Inc. (NYSE:RCS) today released its investment-performance results and statistical portfolio information forthe period October 1, 2003 through December 31, 2003 (fourth quarter). PIMCO Strategic Global Government Fund, […]
Harvard fund enriches chiefs
Two managers of Harvard University’s endowment fund raked in about $35 million each last year for overseeing investments for the school’s $19.3 billion all-purpose trove that funds everything fromstudent loans to faculty salaries. The multimillion-dollar payouts were about double last […]
First Investor Rights Website, RestoreTheTrust.com, Re-Launched to Combat Mutual Fund Abuses; Cites SEC ‘Dereliction of Duty’
WASHINGTON, Jan. 23 /U.S. Newswire/ — The first grassroots campaign website solely dedicated to representing individual investors announced the launch of a new campaign to return the billions ofdollars skimmed from investors by the mutual fund industry and end the […]
Elusive Galway guru keeps faith in telecom business ; Declan Ganley relishes a challenge, despite having suffered at the sharp end of the dotcom collapse, writes Jamie Smyth, Technology Reporter
There is something of the Scarlet Pimpernel about the 35-year- old Galway-based entrepreneur Mr Declan Ganley. Like the character in Baroness de Orczy’s novel, the former builder turned jet-settingtelecoms guru keeps popping up in the most exotic of places only […]
TFS Capital Unveils a Long/Short Equity Fund
WEST PALM BEACH, FL (HEDGECO.NET) – TFS Capital has unveiled a new long/short equity fund; the new product would utilize �proprietary and quantitative trading models� according to the statementreleased by company officials. The company stated, �Our Portfolio Managers utilize proprietary […]
Standard Life Investments Announces New Appointments
WEST PALM BEACH, FL (HEDGECO.NET) – The Standard Life Investments announced that it is expanding its European Team with the appointments of Jennifer Richards to the position of Investment Directorfor its Ireland operations, while Pat Woods was appointed as Investment […]
Rapuno Departs Legg Mason Funds, Joins Matador Capital
WEST PALM BEACH, FL (HEDGECO.NET) – Lisa O. Rapuno has departed Legg Mason Funds Management Inc, to join Matador Capital Management Corp, according to a news release; she would be joining Matador ina capacity as a senior partner, and a […]
Securities and Investment Company Launches New Fund
WEST PALM BEACH, FL (HEDGECO.NET)- The Securities and Investment Company [SICO] of Bahrain announced in a recent news conference that it is launching a new fund, the Khaleej Equity fund would beinvesting in equity securities listed on the regional stock […]
Word on Strong may come next month
Word on Strong may come next month Firm hopes to break news on its future then, Pension Board told By KATHLEEN GALLAGHER [email protected], Journal Sentinel Thursday, January 22, 2004 Strong Financial Corp.’s top executive is telling people that the firm […]
Galvin seeks return of investors’ $3.5M
Secretary of State William Galvin demanded yesterday that Cantella & Co. Inc. return an estimated $3.5 million to investors whom Galvin said the firm failed to protect against agents sellingunregistered hedge funds. Galvin, in his ongoing crackdown on financial firms, […]
Trader Talk
THE Lazard UK Alpha unit trust, managed by Tony Willis, recently bought almost 75,000 shares in Pounds 2 billion media group United Business Media. He made the purchases in November and December. Thefund now holds 725,000 shares, or 0.22% of […]