Author Archives: the HedgeCo News Team
Lava Trading Enters Foreign Exchange Market; Microsoft Executive Joins Lava Trading to Lead FX Sales Initiative
Lava Trading Inc., a leading developer of high performance software for large securities trading floors, today announced a major initiative to introduce electronic foreign exchange trading on theLava platform. ¶ The new product suite, LavaFX(TM), will be built upon Lava’s […]
Why customers must come first ; MONDAY VIEW
AN Y B O D Y with an interest in industry, management or the behaviour of the financial services industries cannot have missed the recent debates about corporate governance. There is no doubt that governance is important, as the examples […]
Against-the-grain investors conjure a brighter picture at Kodak
ROCHESTER, New York (AP) — Just when Eastman Kodak Co.’s destiny seems dimmer than an old-fashioned darkroom, along comes a class of investors who like what they see. Willing to bet the 123-year-old photography icon will make the painful transition […]
Comcast CEO Known as Anti-Glamour Media Boss
Feb. 15–What? Who? A cable company in Philadelphia trying to take over the Walt Disney Co.? Comcast Corp. going after Disneyland, ABC television, Snow White, Nemo, and other stars from the nation’s number-one movie studio? Comcast chief executive Brian Roberts […]
Comcast, Disney Line Up High-Profile Advisory Teams for Takeover Battle
Feb. 15–Brian Roberts and Michael Eisner wear neatly tailored suits to work, but they may as well wear armor. People who know the two say both men will fight fiercely to get what they want. With his bid for Disney, […]
New Hedge Fund Launches with No Management Fee Angle
WEST PALM BEACH, FL (HEDGECO.NET)- A new hedge fund with 0% management fee was just launched, according to a released statement. The fund, called UBO Inc. Alternative Investment Fund does not chargeits investors any management fee if the fund fails […]
Schroders Makes New Appointment to its Hedge Fund of Funds Team
LONDON, ENGLAND (HEDGECO.NET) – Schroders Asset Management Company has appointed Mr. Stephen Green to its fund of funds team according to company statements. The company continues to strengthen itsFund of Funds operations by recruiting additional staff to its London office. […]
Falklands hope for golden future
A new company with dreams of turning the Falklands into a second South Africa was launched yesterday to prospect for gold on the peat- covered islands invaded by Argentina 22 years ago. Falkland Island Holdings (FIH), the main commercial operation […]
Relax; let a private bank take the strain ; But the discreet old money moguls face new competition says William Kay. Make way for the thrusting young fund managers
WHEN ROBERT Jones retired early from BP he decided he did not want to be bothered with money. “I wanted to be lazy,” he said over a cup of coffee at his cottage overlooking the Dome in London’sDocklands, “So I […]
Expert Securities Testimony Not Allowed
NEW YORK, Feb. 13 — The federal judge overseeing Martha Stewart’s trial ruled Friday that prosecutors may not call expert witnesses to prove the most serious charge against her — that she manipulated the price of shares in her media […]
Investor Files Suit against Fund Manager Franklin Resources
Feb. 13–A San Mateo investor sued Franklin Resources in San Francisco federal court, alleging the firm harmed investors by allowing improper trading in one of its funds in 2001. The suit, seeking class-action status, is part of the latest fallout […]
Holders file suit against Franklin
SAN MATEO — A Peninsula lawfirm has filed a class-action lawsuit against Franklin Resources and a number of its entities on behalf of holders of Franklin mutual funds. San Mateo-based Franklin, the nation’s fourth-largest mutual fund company, is being investigated […]