Author Archives: the HedgeCo News Team
Rabin, Murray & Frank LLP Announces Class Action Against Alliance Capital Management Defendants and Canary on Behalf of Purchasers of the Securities of the AllianceBernstein Family of Funds — CABDX, AHLAX, ADGAX, CHCAX
Rabin, Murray & Frank LLP Announces Class Action Against Alliance Capital Management Defendants and Canary on Behalf of Purchasers of the Securities of the AllianceBernstein Family of Funds– CABDX, AHLAX, ADGAX, CHCAX NEW YORK, Oct. 6, 2003 (PRIMEZONE) — A […]
COSMO’S WORLD; Odds are, this is a winning bet
Who says you can’t feed a family by being a dreamer? Anthony Spadea is a dreamer. He’s been dreaming about thoroughbreds for 35 years. He’s been dreaming about winners and placers and even the occassional also-ran that just might get […]
Strong wants firm to be a big player
Strong wants firm to be a big player Fund company leader viewed as pushing edge By KATHLEEN GALLAGHER [email protected], Journal Sentinel Sunday, October 5, 2003 To many Strong Funds shareholders, he’s a patriotic guy who regularly offers up homespun anecdotes […]
The Miami Herald Money Matters Column
Oct. 5–The economy is strengthening. Profits have greatly improved. Chief financial officers report that they’re more optimistic than they’ve been in a year. For the first time since 2000, stockprices have moved up steadily. Employment could use some help, but […]
Markets: The week that was – Cheers for Man U die in City throats
Markets greeted October with a roar of approval as shares climbed higher on the back of reassuring economic news. US manufacturing was not in as bad a state as people had feared and the Tankan surveyof Japanese business confidence was […]
RSA rights issue falters as hedge funds move in
A group of hedge funds have taken a large position in the underwriting of Royal & SunAlliance’s pounds 960m rights issue and are expected to put the company’s share price under pressure in thenext few days. The funds are playing […]
Newspaper Studies Schwarzenegger’s Business Acumen as Test for Governorship
Oct. 5–Arnold Schwarzenegger brags that he is the only major candidate for governor who has started his own businesses and met a payroll. Fair enough. So how well did he do? And what does it tell us about how he […]
SECRETS OF SUCCESS: Hedge funds move full steam into mainstream
An interesting statistic emerged this week from a meeting with Philip Gibbs, one of the top fund managers at Jupiter Asset Management, and one of those whose fortunes I follow with particularinterest. A former financial analyst at one of the […]
Detroit Free Press Susan Tompor Column
Oct. 4–Jamie Dimon, chairman and chief executive officer of Bank One Corp., said an internal review into the company’s involvement in any rapid-fire trading of mutual funds is continuing. But Dimon, who was in Detroit Friday visiting customers, acknowledged for […]
Fund group targets trading abuse
By JON CHESTO A major mutual fund industry trade group said yesterday that it set up two task forces to come up with curbs on fund-trading abuses detailed in recent news items. The Investment Company Institute’s task forces were set […]
Evolutionary debut looks like a winner ; INVESTMENT EXTRA
MARKETS have turned choppy and investors need to take care. Some of the huge gains on bombed-out tech stocks, which had run far ahead of any upturn in the companies’ fortunes, are ebbing away. But there are still gains to […]
A dash for cash in Moscow
RUSSIA is the new El Dorado. Oligarch capitalism is giving way to global investment and leaving some very cash-rich people behind. Here in Britain, Roman Abramovich has become a national name overnight because of his high-profile purchase of Chelsea FC. […]