Author Archives: the HedgeCo News Team
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 […]
Milliman USA Will Acquire Evaluation Associates Consulting; Top-Ranked Firm to Strengthen Institutional Investment Consultancy
SEATTLE–(BUSINESS WIRE)–Nov. 10, 2003–Milliman USA, a Seattle-based consulting firm, announced today that it has signed an agreement to acquire Evaluation Associates, the consulting division ofNorwalk, CT-based EAI Partners, LP. Evaluation Associates is a top ten-ranked full-service investment consulting firm serving […]
State regulators have begun their own investigation of Strong
State regulators have begun their own investigation of Strong Agency could suspend the licenses of advisers By PAUL GORES [email protected], Journal Sentinel Sunday, November 9, 2003 While New York Attorney General Eliot Spitzer and the Securities and Exchange Commission grab […]
AME Info, Abu Dhabi, United Arab Emirates, Business Briefs Column
Nov. 9–EBI UPS EMIRATISATION TARGET: Emirates Bank International to invest USD3 million in recruitment and training of UAE nationals over the next five years to reach a 40 per cent emiratisationlevel as soon as possible, said a statement. So far […]
Strong Case Underscores Concerns about Profit Push by Mutual Funds
Nov. 9–Richard Strong always has known how to make money in the investment business. He built a built a personal fortune estimated at $800 million and a financial company with $42 billion in assets largely by doing what hundreds of […]
Mutual Fund Figure Casts Shadow on New Jersey Family Dynasty
Nov. 9–For decades, the Stern family name has signified fabulous wealth, extensive real estate developments, and the transformation of neglected industrial wasteland into gold on the Jersey Citywaterfront and in the Meadowlands. Through their Secaucus-based development arm, Hartz Mountain Industries, […]
Markets: FTSE goes up like a Guy Fawkes rocket ; The week that was
There were plenty of fireworks in the night sky last week, but sparks were also flying in the financial markets, as November began with the FTSE 100 rallying to its highest close for 14 months. To no surprise, the Bank […]
INVESTMENT: SECRETS OF SUCCESS – For the long haul, invest in what you can touch
Is the era of paper assets, such as shares and bonds, over for now? Are we moving back to a period when it will be things you can touch and feel, such as commodities, that deliver the best returns?This seems […]
CORRECTING and REPLACING: Law Offices Of Charles J. Piven, P.A. Announces the Filing of a Class Action Suit Against Federated Investors, Inc. And Its Federated Family of Mutual Funds on Behalf of Investors – FEDEX, CAPAX, FCTAX, FMCGX
BALTIMORE, Nov. 7, 2003 (PRIMEZONE) — Law Offices Of Charles J. Piven, P.A. announces that a class action lawsuit has been filed in the United States District Court for the Western District ofPennsylvania on behalf of all purchasers of the […]
Tokyo Stocks Seen Range-Bound Next Week
Tokyo, Nov. 7 (Jiji Press)–Tokyo stocks are likely to move narrowly next week, with investors keeping close tabs on the outcome of Sunday’s general election and the release of key Japanese economicindicators. “The benchmark Nikkei average is expected to move […]