Monthly Archives: January 2004
Nightly Business Report
xfdce NIGHTLY-BUSINESS-REPO-00 Show: NIGHTLY BUSINESS REPORT> Date: January 19, 2004> Time: 18:30:00> Tran: 011900cb.118> Type: SHOW> Head: Nightly Business Report> Sect: Business> Byline: Paul Kangas, Susie Gharib> Spec: Business; Economy> Time: 00:00:00> PAUL KANGAS, NIGHTLY BUSINESS REPORT ANCHOR: From Wall […]
Pennsylvania Pension System Moves Money from Stock-Index Fund to Hedge Fund
Jan. 19–Does money grow best in the dark? At a time when securities cops and small investors are demanding more accountability in the financial markets, Pennsylvania’s state pension fund is following some other big institutions in hiring unregulated investment managers […]
Iranians cash in on stock market growth
Jim Rogers, the co-founder of Quantum Hedge Fund with George Soros, set off on an overland trip to 116 countries in 1999 to chronicle the world at the turn of the millennium. One country denied him avisa: Iran. “I was […]
Invesco moves to allay UK market timing fear
THE UK ARM of Invesco has hired Ernst & Young to carry out a thorough investigation of its business in an attempt to prove it is free of market- timing abuses which have taken place at its USsister. Mike Webb, […]
BUSINESS PROFILE: Bank One takeover brings back a Wall Street favourite ; Jamie Dimon returns to rival one-time mentor Weill
WHEN WALL Street digested the news last week that JP Morgan Chase was to buy Bank One of Chicago in a $58bn (pounds 32bn) deal, minds went first to the numbers. What was the match like? Where wouldthe synergies come? […]
Following the Money Trail: Increasing Numbers of Traditional Investment Managers Move Over to Hedge Fund Management: An Analysis
WEST PALM BEACH, FL (HEDGECO.NET) – During the decade of the nineties, assets managed by hedge fund industry in the United States experienced an exponential growth; assets grew from about US$40billion in late eighties to over US$650 billion in 2003. […]
Chicago Tribune Bill Barnhart Column
Jan. 18–INTERNET TRADING OF CURRENCIES A DIFFERENT ANIMAL: Beneath the conventional chairs and tables of the world economy, a hectic cat-and-mouse game is under way in the financial markets. Thousands of ordinary investors here and overseas, the mice, are playing […]
Parmalat Investigators to Examine the Role of Citigroup in the Parmalat Scandal
WEST PALM BEACH, FL (HEDGECO.NET) – Italian investigators looking into the Parmalat scandal are closely examining the role which Citigroup officials may have played in the Parmalat financial crisis.Some of the questions being examined by investigators includes how Calisto Tanzi, […]
Hauck & Aufhauser to Team up with IAM to Offer Hedge Funds
The independent German bank Hauck Auftauser has released a statement announcing its intentions to team up with the London based International Asset Management Company [IAM] to offer hedge funds toGerman investors. The hedge fund products would be aimed at both […]
EU green light for retail hedge funds
THE way was cleared for the rapid expansion of a European based hedge fund industry this week when the European Parliament voted to relax rules which should lead to the development of retail hedgefunds. Speaking in the debate Scottish MEP […]
EU green light for retail hedge funds
THE way was cleared for the rapid expansion of a European based hedge fund industry this week when the European Parliament voted to relax rules which should lead to the development of retail hedgefunds. Speaking in the debate Scottish MEP […]
There must be one born every minute: The bounce in the market has brought back the cold callers and someone must be making it worth their while: The Inside view
As if double-glazing salesmen and timeshare (sorry, “free” holiday) touts weren’t bad enough. Now I’m being cold called by New York stockbrokers peddling their latest hot tips: as sure a sign as youcould find that American retail investors must have […]