Author Archives: the HedgeCo News Team
GAIN Capital Announces Series C Investment From Tudor Ventures
GAIN Capital, the premier source for online currency trading (www.gaincapital.com), announced today the successful completion of its most recent investment round, totaling $10 million. The equity investment was made by Tudor Ventures, the venture capital and private equity arm of […]
KVS Secures $17 Million in Series B Financing Led By FTVentures and Index Ventures; Funding Based on Record Growth and Accelerating Demand For Email Management and Content Archiving Systems
ARLINGTON, Texas–(BUSINESS WIRE)–Sept. 3, 2003–Content archiving and email management solutions provider, KVS Inc., today announced that it has secured Series B financing of $17 million (GBP 10.63million). The round was led by new investors Index Ventures and FTVentures and joined […]
GAIN Capital Announces Series C Investment From Tudor Ventures
WARREN, NJ — (MARKET WIRE) — 09/03/2003 — GAIN Capital, the premier source for online currency trading (www.gaincapital.com), announced today the successful completion of its most recentinvestment round, totaling $10 million. The equity investment was made by Tudor Ventures, the […]
KVS Secures $17 Million in Series B Financing Led By FTVentures and Index Ventures; Funding Based on Record Growth and Accelerating Demand For Email Management and Content Archiving Systems
ARLINGTON, Texas–(BUSINESS WIRE)–Sept. 3, 2003–Content archiving and email management solutions provider, KVS Inc., today announced that it has secured Series B financing of $17 million (GBP 10.63million). The round was led by new investors Index Ventures and FTVentures and joined […]
Investor moves signal belief in economic recovery ; FTSE 250: 5,687.3 (+41.5); FTSE SmallCap: 2,429.5 (+10)
London’s blue-chips marked time yesterday, but there was evidence that investors returning after the holidays were backing an economic recovery. Good volume – 3.5 billion shares changed hands -further gains for the less-defensively weighted mid-cap FTSE 250 and a leader […]
THE INVESTMENT COLUMN: Dobson puts Schroders back on profitable track
MICHAEL DOBSON yesterday put in another pukka performance unravelling Schroders, the fund management business that was not so long ago a the basket case. Indeed, it looks as if the patrician chief executive, who was lured to the company in […]
Lloyds TSB down after Merrill knocks new chief’s strategy
SHARES IN the banking giant Lloyds TSB were in retreat yesterday after a rather downbeat assessment of the group’s prospects by Merrill Lynch. In a review of the sector Merrill downgraded Lloyds to”neutral” from “buy”. The US broker came across […]
Detroit Free Press Susan Tompor Column
Sep. 3–Esperion Therapeutics Inc., an Ann Arbor-based company that’s hoping to roll out some blockbuster treatments for heart disease, finds itself in one of the oddest binds around. An extra-large shareholder will likely need to unload a chunk of Esperion […]
Stock Market History Suggests Strong Summer Means Difficult Fall for Investors
Sep. 3–The stock market’s strong showing this summer could portend a stormy September and October for investors. For stock investors, September has historically proved the year’s most difficult month — even worse than October, which is famous for big crashes. […]
Nightly Business Report
xfdce NIGHTLY-BUSINESS-REPO-00 Show: NIGHTLY BUSINESS REPORT> Date: September 3, 2003> Time: 18:30:00> Tran: 090300cb.118> Type: SHOW> Head: Nightly Business Report> Sect: Business> Byline: Paul Kangas, Susie Gharib> Guest: Kevin McCormally> Spec: Business; Economy> Time: 00:00:00> PAUL KANGAS, NIGHTLY BUSINESS REPORT […]
Hedge fund closure casts doubt on Abbey’s Glasgow operation; Bank fails to give long-term commitment to retain (pounds) 28.9bn asset management unit
ABBEY National is axing its ambitious Talorcan hedge fund business – raising serious doubts about the future of its wider (pounds) 28.9bn asset management operation in Glasgow. It shied clear last night of declaring a long-term commitment to retaining a […]
Ailsa Capital hedge unit reaches end of the line
AILSA Capital, the hedge fund manager run by one-time Standard Life chief investment manager John Thomson, was wound up on Friday less than two years after it began operations. Neil Smeaton and Piers Watson, who managed its Ailsa US Equity […]