Author Archives: the HedgeCo News Team
British investors baling out of US assets
THE dollar’s drop has prompted British investors to bale out of US assets at their fastest rate since the 1998 Asian crisis. The exodus has left analysts questioning whether investors’ love affair with US assets is over. Latest data from […]
A few bad apples taint mutual fund investing
GUEST OPINION A few bad apples taint mutual fund investing By JOHN T. McCARTHY Monday, December 1, 2003 Early in his tenure as chairman of the Securities and Exchange Commission, Arthur Levitt proclaimed that “in the fullness of time, the […]
Unit trusts put up market timing defences
Britain’s largest unit trust companies have been targeted by specialist market traders who attempt to skim off profits that might otherwise go to small private investors, using a practice called”market timing”. A Guardian survey of Britain’s top 10 unit trust […]
NEWSWEEK: Mutual Fund Manager Gary Pilgrim Made 49 Percent a Year on His Stake in PBHG Growth Fund While Fund Investors Lost 45 Percent a Year
<body.content> <block> <p>NEW YORK, Nov. 30 /PRNewswire/ — The case of fund manager Gary Pilgrim is perhaps the most startling example of alleged abuse of investors to come out ofthe mutual-fund scandal, reports Wall Street Editor Allan Sloan in the […]
Analyst goes fishing for tiny Keys bank
Street Smart Analyst goes fishing for tiny Keys bank By KATHLEEN GALLAGHER of the Journal Sentinel staff Sunday, November 30, 2003 Investment: TIB Financial Corp., Key Largo, Fla., is a holding company for TIB Bank of the Keys, which conducts […]
In funds
In funds, it can be a matter of timing Arbitrageurs take advantage of price inefficiencies By KATHLEEN GALLAGHER [email protected], Journal Sentinel Sunday, November 30, 2003 To understand the wrongs that New York Attorney General Eliot Spitzer is trying to right […]
Germans approve sale of hedge funds in nation
Germans approve sale of hedge funds in nation From Associated Press, Bloomberg News and New York Times reports Saturday, November 29, 2003 The German parliament’s upper house gave final approval Friday to a bill that will allow hedge funds to […]
t’s a game of no quarter: Notebook The big battles are off the pitch: A new seam
Picture the scene. The chief executive and finance director of Manchester United – men who could claim to hold two of the best jobs in English football – catch a flight to the US. Malcolm Glazer, thebuccaneer from Tampa Bay […]
AIB ends week higher thanks to positive analyst comment ; Settlement Day: December 3rd
It was a flat day in Dublin yesterday, with thin post- Thanksgiving trade in the US offering little in the way of inspiration to any European market. AlB managed to end the week on a high note after attracting some […]
Man Utd at three-year high as bid speculation hits fever pitch
SHARES IN Manchester United rose to a three-year high yesterday on renewed speculation that the Premier League football club was about to receive a takeover bid after an investor snapped up a majorchunk of shares. The investor is widely believed […]
Critics question merits of economic development legislation Bill would expand program that hasn’t done much to boost
Critics question merits of economic development legislation Bill would expand program that hasn’t done much to boost high- tech investment in Wisconsin By BRUCE MURPHY [email protected], Journal Sentinel Saturday, November 29, 2003 At the heart of the current discussion about […]
18 states reject Wisconsin’s venture capital program
18 states reject Wisconsin’s venture capital program By BRUCE MURPHY [email protected], Journal Sentinel Saturday, November 29, 2003 Wisconsin’s venture capital program, which funnels state subsidies to a short list of certified capital companies (CAPCOs), was rejected by 18 states, according […]