Author Archives: the HedgeCo News Team
Tokyo Stocks Plunge on Selling across Board
Tokyo, Nov. 11 (Jiji Press)–Stocks plunged on the Tokyo Stock Exchange Tuesday, as investors dumped export-oriented issues amid the yen’s appreciation while high-fliers among domestic demand- backedissues fell prey to profit-taking. “The key Nikkei average’s tumble was mainly due to […]
Investors Left Wondering about Mutual Funds as Pension Managers Bail Out
Nov. 10–The seemingly endless revelations of corruption within the mutual fund industry have spooked many of the 95 million Americans who have entrusted the fund families with their hard-earnedsavings. And it has left some people wondering whether they should continue […]
Daily News, New York, Guerrilla Investing Column
Nov. 10–I’m having a good year in 2003. My fund is up about 65 percent. But I owe my good performance to the decisions I made in 2002, when everything I did was wrong. Last year, I felt like an […]
Hard Times Put Pittsburgh’s Money Managers Under Microscope
Nov. 10–When the stock market was routinely registering double-digit gains in the 1990s, pension funds, college endowments and other large investors didn’t much question whether their success wasbased on the skill of the people they hired to manage their money […]
Broking rivals warm to HSBC over spending spree ; Market Report
BRITAIN’S biggest company, HSBC, is continuing to attract fans even though the shares have soared by almost 50% this year. Today the price dipped 11p to 900p – which compares with its low of 631p in February – where the […]
AME Info, Abu Dhabi, United Arab Emirates, Financial Briefs Column
Nov. 10–MAN GROUP FUNDS POPULAR: Man Group has reported a growth in funds under management from USD22.1 billion to USD31.5 billion in the year to end of September. CEO Stanley Fink said the highlevel of private investor sales achieved in […]
Nikkei Gets No Boost, with Koizumi’s Victory Narrow
By Yuka Yamamori Tokyo, Nov. 10 (Jiji Press)–A narrow victory of Japanese Prime Minister Junichiro Koizumi’s ruling coalition in Sunday’s general election left the stock market with little positive surprise Monday, leading bearish sentiment to prevail. The benchmark Nikkei average […]
Tokyo Stocks Fall on Wall St. Setback, Banks Sold Heavily
Tokyo, Nov. 10 (Jiji Press)–Stocks retreated on the Tokyo Stock Exchange Monday, as banks and other high-fliers in the key Nikkei average met with selling after strong employment data failed toboost U.S. stocks on Friday. Players said the results of […]
Tokyo Stocks Retreat in Morning
Tokyo, Nov. 10 (Jiji Press)–Stocks headed lower on the Tokyo Stock Exchange Monday morning, following a downturn in U.S. stocks last Friday. The market little reacted to Sunday’s general election in which Prime Minister Junichiro Koizumi’s ruling coalition retained power […]
Funds’ fears and fees led to timing scandal
NEWS ANALYSIS Funds’ fears and fees led to timing scandal By GRETCHEN MORGENSON New York Times Monday, November 10, 2003 In the early 1990s, mutual fund companies occasionally allowed select institutional clients to trade fund shares rapidly, a practice known […]
Cogency Software Licenses Cogency Wisdom to StoneHedge Partners for Enterprise Risk Monitoring and Alerting
SAN MATEO, Calif.–(BUSINESS WIRE)–Nov. 10, 2003–Cogency Software, Inc., the provider of enterprise risk reduction applications, today announced that it has licensed its Cogency Wisdom(TM) forHedge Funds to StoneHedge Partners, Inc., an integrated hedge fund services organization, based in New York […]
Russell to Hold Investment & Governance Symposium for Endowments & Foundations in Los Angeles
TACOMA, Wash.–(BUSINESS WIRE)–Nov. 10, 2003–Russell Investment Group: One-Day Educational Forum Will Address Critical Issues Facing Both Trustees and Staff of Non-Profit Organizations and Foundations Agenda Will Focus on Investment and Spending Issues, Governance and Fiduciary Responsibilities, and Philanthropy in the […]