Author Archives: the HedgeCo News Team
Jobs&Money: Special report: Ten ways you can still invest and strike gold: As confidence returns, Money Observer has a fund of information about the top ranking Isas that are great performers and likely not to fail you in 2004
After a depressing three-year bear market, last year finally brought some cheer for fund investors. Confidence in investing has returned, although few expect a re-run of the late 1990s. But which investment ISA will be best for 2004? There are […]
Winning by a ‘gross margin’
As you may have seen, bookmaker Paddy Power announced its annual results this week with a humorous photo-opportunity in which the company’s chief executive attempted to strangle the popular Irishjockey, Barry Geraghty. The implication of the photograph was that bookies […]
The world’s billionaires, according to Forbes magazine
The ranking of the world’s richest people as estimated by Forbes magazine. Listings include rank, name, home country or state, age where known, wealth in billions of dollars and source of the money. 1. William Gates III, Washington, 48, $46.6, […]
UNDATED 437. Mortimer Zuckerman, New York, 66, $1.3, real estate,
472. Mohammed A. Al Bahar, Kuwait, $1.2, finance 472. Belmiro de Azevedo, Portugal, 65, $1.2, diversified 472. Pierre Bellon and family, France, 74, $1.2, food services 472. Arthur Blank, Georgia, 61, $1.2, Home Depot 472. Anneliese Brost, Germany, 83, $1.2, […]
552. Khalaf Al Habtoor, $1, construction
1. William Gates III, Washington, 48, $46.6, Microsoft 2. Warren Buffett, Nebraska, 73, $42.9, Berkshire Hathaway 5. Paul Allen, Washington, 51, $21000, Microsoft, investments 6. Alice Walton, Texas, 55, $20, Wal-Mart 6. Helen Walton, Arkansas, 84, $20, Wal-Mart 6. Jim […]
Axa Brokerage Unit To Settle Accusations Of Overcharging
NEW YORK, Feb. 26 — Axa Advisors LLC, the American brokerage arm of French financial giant Axa SA, has agreed to pay $250,000 and make restitution to investors to settle allegations that it overcharged customers who moved their money from […]
CITY & CORPORATE: Schulte employs Jaffa PR outfit
US law firm Schulte Roth & Zabel has rekindled its relationship with ex-Grandfield director Paul Jaffa. The law firm, which specialises in advising the hedge fund community on legislation affecting their activities, has hired Jaffa’s Myddleton Communications to raise its […]
Dollar may rise above 110 yen next week+
TOKYO, Feb. 28 (Kyodo) — The U.S. dollar may rise above the 110 yen line for the first time in three months next week as speculative investors are expected to try to bring it up to that level. Dealers and […]
diversiTrust Income+ Fund Announces Exercise of Over-Allotment for Gross Proceeds of $9 Million
Goodman & Company, Investment Counsel Ltd., the manager of diversiTrust(TM) Income+ Fund (“the Fund”) is pleased to announce that the agents of the previously announced initial public offering oftrust units (“Trust Units”) have exercised their over-allotment option and have purchased […]
Mellon Sued Over Dreyfus Funds Marketing
PITTSBURGH (AP) – Mellon Financial Corp. and its Dreyfus Corp. subsidiary wrongly spent mutual fund assets on marketing expenses, including payments that induced brokers to push Dreyfus funds totheir customers over other investments, a federal lawsuit charges. The U.S. District […]
IIB offers new hedge-fund bond
IIB Bank has launched a new bond that allows people to invest as little as E10,000 in a portfolio of hedge funds. These funds are usually only available for much higher investment sums. The portfolio for the Growth Advantage Bond […]
Board part of sales package at new Eircom ; As the dominant player in the telecoms sector prepares for flotation, the composition of its new board sends a couple of important signals, writes John McManus
There is a game you can play with the boards of Irish public companies. It is to establish the personal and social connections between the non-executive directors. When it comes to companies chaired by Sir Anthony O’Reilly, such as Independent […]