Author Archives: the HedgeCo News Team
Legendary Oilman Boone Pickens Redeploys His Expertise in Energy
Sep. 21–As Boone Pickens and his team file into their Dallas conference room, Hurricane Isabel plows across the Atlantic. Will the storm continue barreling toward the northeastern United States? Or will it veer back toward the Gulf of Mexico, disrupting […]
Alternative investments to stocks
401(k) ADVISER Alternative investments to stocks, bonds may be best now for a 401(k) By MICHAEL J. FRANCIS Sunday, September 21, 2003 Over the past 20 years, 401(k) investors have invested almost entirely in U.S. stocks and bonds, but a […]
Time to bail on targeted mutual fund firms?
MARKETS Time to bail on targeted mutual fund firms? Morningstar recommends selling Strong, others, but some disagree By KATHLEEN GALLAGHER [email protected], Journal Sentinel Sunday, September 21, 2003 Some mutual fund investors aren’t waiting for any more news — they’ve decided […]
Financial scandals will always be with us
Avrum D. Lank Financial scandals will always be with us By AVRUM D. LANK of the Journal Sentinel staff Sunday, September 21, 2003 John Sharpless, a history professor at the University of Wisconsin-Madison, likes to tell a story about a […]
Investment spotlight: Fund of funds reduces the risk while boosting your wealth
MANAGER of managers? Multi-manager? Fund of funds? They are three interchangeable concepts that retail investors are going hear a lot more often in future. For simplicity, we refer to fund of funds. Fund of funds’ share of the fund market […]
Nations Funds Trustees Defend Oversight of Assets
Sep. 20–In some of their first interviews since Bank of America Corp. was cast into the glare of a mutual fund investigation, several Nations Funds trustees told the Observer this week that they dideverything they could to protect shareholders. Board […]
Wisconsin Treasurer Pressures Financial Firm to Make Up Losses to Investors
Sep. 20–State Treasurer Jack Voight stepped up the pressure on Strong Capital Management Friday, calling on the Menomonee Falls-based company to make up any losses it might have caused investors inthe EdVest college savings program and pledging to address the […]
BUSINESS in Brief
Departure ends Motorola era CHICAGO – Motorola Inc.’s CEO unexpectedly quit yesterday after clashing with the board over strategy, ending three generations of Galvin family control at the world’s No. 2 mobile phone maker. Motorola said Christopher Galvin, 53, cited […]
Notebook: Fidelity holds the key to the grocer’s future Decision day approaches
This time next week we should have a far better idea about the fate of Safeway. The competition commission’s conclusions about who should be allowed to bid for Britain’s fourth biggest grocer areexpected on Thursday or Friday – and it […]
Tokyo Stocks Stretch Gains in Morning
Tokyo, Sept. 19 (Jiji Press)–Stocks stretched gains on the Tokyo Stock Exchange Friday morning, supported by continued active buying of such issues as banks amid an ongoing global fund inflow intothe Japanese market. “Abundant funds flowing into Japan have nowhere […]
Tokyo Stocks Stretch Gains in Morning
Tokyo, Sept. 19 (Jiji Press)–Stocks stretched gains on the Tokyo Stock Exchange Friday morning, supported by continued active buying of such issues as banks amid an ongoing global fund inflow intothe Japanese market. “Abundant funds flowing into Japan have nowhere […]
Asahi Glass Sold on TSE on Rumor, Nippon Electric Glass Up
Tokyo, Sept. 19 (Jiji Press)–Asahi Glass Co. shares met with selling on the Tokyo Stock Exchange Friday morning on a rumor that a defect has been found in the company’s production line for glasssubstrates for liquid crystal displays. At its […]