Author Archives: the HedgeCo News Team
Trader Talk
TOSCAFUND, the hedge fund run by analyst-turned-private investor Martin Hughes, has increased its holding in construction and engineering services company Amec following last week’s mixed tradingstatement. Hughes has bought 2.9 million shares to give the fund 21.66 million shares or […]
Merrill Lynch Purchases ABN AMRO Brokerage Unit
WEST PALM BEACH, FL (HEDGECO.NET) – Merrill Lynch & Co has agreed to purchase ABN AMRO US Brokerage unit for an undisclosed amount. The new purchase includes four ABN AMRO business units, all theunits are connected to US stock and […]
Chicago Tribune Bill Barnhart Column
Jan. 18–INTERNET TRADING OF CURRENCIES A DIFFERENT ANIMAL: Beneath the conventional chairs and tables of the world economy, a hectic cat-and-mouse game is under way in the financial markets. Thousands of ordinary investors here and overseas, the mice, are playing […]
Strong hires president to oversee compliance
Strong hires president to oversee compliance New position to be ‘eyes and ears’ of board By KATHLEEN GALLAGHER [email protected], Journal Sentinel Saturday, January 17, 2004 The Strong mutual fund board said Friday it has hired a former KPMG LLP partner […]
There must be one born every minute: The bounce in the market has brought back the cold callers and someone must be making it worth their while: The Inside view
As if double-glazing salesmen and timeshare (sorry, “free” holiday) touts weren’t bad enough. Now I’m being cold called by New York stockbrokers peddling their latest hot tips: as sure a sign as youcould find that American retail investors must have […]
EU green light for retail hedge funds
THE way was cleared for the rapid expansion of a European based hedge fund industry this week when the European Parliament voted to relax rules which should lead to the development of retail hedgefunds. Speaking in the debate Scottish MEP […]
EU green light for retail hedge funds
THE way was cleared for the rapid expansion of a European based hedge fund industry this week when the European Parliament voted to relax rules which should lead to the development of retail hedgefunds. Speaking in the debate Scottish MEP […]
Hauck & Aufhauser to Team up with IAM to Offer Hedge Funds
The independent German bank Hauck Auftauser has released a statement announcing its intentions to team up with the London based International Asset Management Company [IAM] to offer hedge funds toGerman investors. The hedge fund products would be aimed at both […]
Parmalat Investigators to Examine the Role of Citigroup in the Parmalat Scandal
WEST PALM BEACH, FL (HEDGECO.NET) – Italian investigators looking into the Parmalat scandal are closely examining the role which Citigroup officials may have played in the Parmalat financial crisis.Some of the questions being examined by investigators includes how Calisto Tanzi, […]
Market forces: US mergers unsettle Vodafone
A weak opening on Wall Street, triggered by chip maker Intel’s forecast of a drop in first-quarter sales and poor performance from index heavyweight Vodafone , saw the blue chip index close loweryesterday. The FTSE 100 finished 5.3 points lower […]
Market forces: US mergers unsettle Vodafone
A weak opening on Wall Street, triggered by chip maker Intel’s forecast of a drop in first-quarter sales and poor performance from index heavyweight Vodafone , saw the blue chip index close loweryesterday. The FTSE 100 finished 5.3 points lower […]
Weak dollar squeezes small U.S. importers
Larry Lazin checks his computer regularly to see how the dollar is doing on the currency exchanges of London, New York and Tokyo. Every week, he calls his currency trader in California from hisoffice in a New York suburb to […]