Author Archives: the HedgeCo News Team
Daily News, New York, Guerrilla Investing Column
Nov. 3–The government is now cracking down on market timers and portfolio managers. This sounds good. But so far, the actions of government have tilted the playing field even more in favor of thepros. In other words, the cure has […]
Yukos affair raises investor caution
The arrest last weekend of Russia’s richest man, Mikhail Khodorkovsky, and a decision by the Russian government to freeze $14 billion worth of stock in Yukos Oil, the company Khodorkovsky controls,is a reminder to foreign investors of how risky and […]
Citigroup to Acquire Forum Financial Group; Citigroup’s Global Transaction Services Strengthens Its Fund Administration Services Offering
NEW YORK–(BUSINESS WIRE)–Nov. 3, 2003–Citigroup (NYSE: C) today announced that it is acquiring Forum Financial Group, a provider of fund administration services with over 18 years of servicehistory. The acquisition will include Forum Financial Group’s operations in Portland, Maine, Warsaw, […]
R. F. Lafferty & Co. Offers VhaYu’s TraderBot Real-time Financial Search Engine on Subscription Basis to its Expanding Customer Base
NEW YORK & LOS GATOS, Calif.–(BUSINESS WIRE)–Nov. 3, 2003–According to R.F. Lafferty, one of the leading options brokers in the US, “Trading puts and calls is complicated and fast paced. Ifyou are trading options on highly volatile stocks, seconds can […]
Don’t forget crisis lessons, says Tung, THE STANDARD
xfdws DON’T-FORGET-CRISIS sked Emerging Markets Datafile November 03, 2003 THE STANDARD HONG KONG ENGLISH Don’t forget crisis lessons, says Tung, THE STANDARD Louis Beckerling ASIA WorldSources, Inc. 322 MASSACHUSETTS AVENUE 2ND FLOOR, NE WASHINGTON, DC 20002 COPYRIGHT 2003 BY WORLDSOURCES, […]
Banks, Investment Firms Offer Extras to Those with Lots of Money
Nov. 3–When Jim King’s family sold the business seven years ago for more than $100 million, he had a lot of big financial decisions to make. For help investing his money and minimizing his tax bill, King turned to a […]
Chicago Law Firm Much Shelist Reminds Investors that Lead Plaintiff Petitions for Securities Fraud Lawsuit on Behalf of Investors in Strong Mutual Funds are due November 4, 2003
CHICAGO, Nov. 3, 2003 (PRIMEZONE) — The deadline for investors in Strong Mutual Funds to move for lead plaintiff in a securities fraud class action against Strong Capital Management, Inc., itsChairman and founder, Richard Strong, and the Strong Family of […]
Late-trading row deepens in America
THE late-trading scandal on Wall Street took a turn for the worse today as the Securities and Exchange Commission found 10% of 88 top mutual fund firms may have been involved, a source told Reuters.Late trading gives hedge funds and […]
Venture capital advice
BUSINESSES will be given an insight into how to secure venture capital funding at a forum event in Cardiff tomorrow. Among the speakers will be chief executive of Sir Terry Matthews’s high technology venture capital fund Wesley Clover, Simon Gibson. […]
Mutual Funds under Fire as Investors Begin to Feel Sense of Betrayal
Nov. 2–As federal and state regulators launch investigations into some of the nation’s best-known mutual fund companies, investors are gripped by a single question: How could such a thing happen inan industry that prided itself on steering clear of the […]
U.S., N.Y. Press Mutual Fund Probe
WASHINGTON (AP) – Federal regulators and New York’s top law enforcer, pressing investigations of a mutual fund scandal, also are drawing up an overhaul of the $7 trillion industry that traditionallyhas enjoyed a pristine image. New York Attorney General Eliot […]
Scandal Causes Customers to Lose Faith in Mutual Fund Industry
Nov. 2–Some 95 million Americans rely on mutual funds to invest and protect trillions in savings they hope to use to educate their children, buy new homes and help fund their retirements. But a growing scandal in which a number […]