Author Archives: the HedgeCo News Team
China engineers its next great leap
MADE IN CHINA THE NEW INDUSTRIAL REVOLUTION Last of four parts China’s push to modernize began with manufacturing. Now the country wants to move toward creating, designing and innovating. With more engineering graduates than the U.S., Japan and Germany combined, […]
Market forces: Bears predict sore heads next week
This year looks like ending on a high note. The FTSE 100 index closed yesterday at its highest point for 17 months. It has risen for eight consecutive trading days, its best performance for more thanfour years. The doomsayers and […]
Review of the year, part two: Who received the big bonuses, the blame and the barristers bills : Riches for some, writs for others: Legal briefs
. . . American-style The man with the $6,000 shower curtain – former chairman and chief executive of Tyco Dennis Kozlowski – is on trial with his former finance director for stealing $600m of company cash. US domestic goddess Martha […]
Scandal dilemma: sell or hold? What to do when your asset manager gets a black eye
Many investors are wondering what to do about owning a U.S. mutual fund from an asset manager embroiled in the scandal that has rocked the industry since September. The misdeeds range from allowinghedge funds to trade inappropriately, and sometimes illegally, […]
Bangkok Post, Thailand, Leading The Way Column
Dec. 30–Although Thailand has not implemented International Accounting Standard 39 (IAS 39), the recent Thai Accounting Standards are based on and are similar to IAS. It is therefore highlyplausible that the main accounting principles within IAS 39 are likely to […]
Nasdaq Breaks 2,000 Mark for First Time in Almost Two Years
Dec. 30–It’s not quite as momentous as the Dow pushing past 10,000, but the Nasdaq Stock Market set its own milestone Monday, topping 2,000 for the first time in nearly two years. The tech-heavy Nasdaq soared and swooned along with […]
Mutual Funds Linked to Trading Scandals Took Hard Hits in November
Dec. 30–Mutual funds that were tainted by the trading scandals of 2003 have suffered dramatic outflows of assets, according to a consultant’s estimates for the month of November. Among the hardest hit was Boston’s Putnam Investments, which recorded a 9 […]
Funds keen to be more open, survey finds, THE STANDARD
xfdws FUNDS-KEEN-TO-BE sked Emerging Markets DatafileDecember 30, 2003 THE STANDARD HONG KONG ENGLISH Funds keen to be more open, survey finds, THE STANDARD Mukul Munish ASIA WorldSources, Inc. 322 MASSACHUSETTS AVENUE 2ND FLOOR, NE WASHINGTON, DC 20002 COPYRIGHT 2003 BY […]
Chinese peasants to benefit from new agricultural policies – agency
China’s official news agency Xinhua has said that the country’s peasants will benefit from the policies finalized at the Central Economic Work Conference and the Central Conference on Rural Affairsin 2004. It said the policies will help increase peasants’ incomes, […]
In rural Texas, big returns for a down-home fund
If you are looking for signs of the extraordinary influence that this Texas Panhandle town wields in some of the most competitive and arcane areas of international finance, you are apt to miss them. In most regards, Canadian population, 2,000 […]
Price tag on Strong trading awaited
Price tag on Strong trading awaited Accountants’ analysis on costs of market timing might come in January By PAUL GORES [email protected], Journal Sentinel Tuesday, December 30, 2003 An analysis of how much market-timed trading might have cost long- term investors […]
Funds seek clearinghouse to control timing of trades
In the American mutual fund world, they call it the hard 4, the unyielding deadline of 4 p.m. Eastern time for customer orders. Fund industry leaders propose it as the best antidote for late trading,one of the crimes that have […]