Author Archives: the HedgeCo News Team
Turmoil at Strong hits Edvest
NEWS ANALYSIS Turmoil at Strong hits Edvest Investors wondering whether this is where they really want to be By KATHLEEN GALLAGHER [email protected], Journal Sentinel Sunday, September 14, 2003 Two years ago, the state and Strong Capital Management Inc. rolled out […]
Allegations against Strong raise questions of trust for investors
Allegations against Strong raise questions of trust for investors By KATHLEEN GALLAGHER [email protected], Journal Sentinel Sunday, September 14, 2003 Strong Capital Management Inc. was not the object of New York Attorney General Eliot Spitzer’s most damaging allegations of improper trading […]
Eurex’s Entrance to U.S. Market Forges Alliance among Exchanges
Sep. 14–As they get ready for the arrival of Eurex AG next year, the Chicago Board of Trade and the Chicago Mercantile Exchange are proving the old axiom that the enemy of my enemy is my friend. The CBOT and […]
Chicago Tribune Bill Barnhart Column
Sep. 14–MARKET-TIMING ALARM SOUNDS: Insiders and academics have long known that the values assigned to fund shares at daily market closings were faulty. Ordinary investors are learning that othershave gained from their ignorance. Nearly 75 years ago, an ambitious crime-fighter […]
Home, Sir James . . .the old clan is getting decidedly out of hand
IT started as a family affair. But the battle for control of Caledonia Investments, whose interests range from banking to luxury resorts, is now pitting some of the City’s richest and most prominent names against each other and threatening to […]
Daily News, New York, Peter Siris Column
Sep. 14–Dear Dick, I’m sorry all that lousy publicity made you give up the extra $48 million. But I’m sure you can still make ends meet on the remaining $139.5 million. If you’re looking for a good hedge fund, give […]
Simon Bain digs into trusts that, against the tide, are making serious money for a select few; Secrets of the treasure trove hidden in the rich men’s funds
Private investors are beginning to look enviously at the juicy returns being made by the rich men’s funds, run by independent managers for themselves and their friends. Typified by former Baillie Gifford manager Max Ward, who set up the Independent […]
Will autumn bring another fall? ; Market downturn makes September and October a blackspot for investors
If history and superstition hold true, then the next two months are likely to send the fledgling bull market for shares to the butchers, despite the London and New York stock markets hitting newhighs this week. The problem is not […]
Market eyes higher Debenhams bid ; Standard Life rejects pounds 1.7bn offer from Lovering consortium w Belinda Earl’s future in doubt
INVESTORS WERE yesterday betting on a higher offer for Debenhams after the department store group agreed a pounds 1.7bn bid from the retail dealmaker John Lovering and the private equity firms CVCCapital and Texas Pacific. Leading shareholders criticised as inadequate […]
THE INVESTMENT COLUMN: Take up the United Utilities rights
SHAREHOLDERS IN United Utilities, the North-west England water and electricity goliath, have until next Wednesday to mull over the group’s unexpected and complicated pounds 1bn rights issue, anddecide whether to fork out for the first tranche of new shares. They […]
Russell to Hold Investment Symposium for Endowments & Foundations in Dallas Area
TACOMA, Wash.–(BUSINESS WIRE)–Sept. 12, 2003–Frank Russell Company – One-Day Educational Forum Will Address Critical Issues Facing Both Trustees and Staff of Non-Profit Organizations – Agenda Will Focus on Investment and Spending Issues, Governance and Fiduciary Responsibilities, and Philanthropy in the […]
West Virginian Investment Board Mulls New Policies
Sep. 12–The W.Va. Investment Management Board took its first step Thursday toward changing the way the state manages about $7 billion of pension and workers’ compensation funds. After hearing a presentation from the group’s investment consultant, board members agreed to […]