Monthly Archives: January 2004
Strong hires president to oversee compliance
Strong hires president to oversee compliance New position to be ‘eyes and ears’ of board By KATHLEEN GALLAGHER [email protected], Journal Sentinel Saturday, January 17, 2004 The Strong mutual fund board said Friday it has hired a former KPMG LLP partner […]
Weak dollar squeezes small U.S. importers
Larry Lazin checks his computer regularly to see how the dollar is doing on the currency exchanges of London, New York and Tokyo. Every week, he calls his currency trader in California from hisoffice in a New York suburb to […]
Weak dollar squeezes small U.S. importers
Larry Lazin checks his computer regularly to see how the dollar is doing on the currency exchanges of London, New York and Tokyo. Every week, he calls his currency trader in California from hisoffice in a New York suburb to […]
Market forces: US mergers unsettle Vodafone
A weak opening on Wall Street, triggered by chip maker Intel’s forecast of a drop in first-quarter sales and poor performance from index heavyweight Vodafone , saw the blue chip index close loweryesterday. The FTSE 100 finished 5.3 points lower […]
Market forces: US mergers unsettle Vodafone
A weak opening on Wall Street, triggered by chip maker Intel’s forecast of a drop in first-quarter sales and poor performance from index heavyweight Vodafone , saw the blue chip index close loweryesterday. The FTSE 100 finished 5.3 points lower […]
Emails Portray Boston Mutual-Fund Firm as Lax on Market Timing
Jan. 16–When New York Attorney General Eliot Spitzer broke open the mutual fund trading scandal last September, MFS Investment Management sent a letter to brokers expressing shock at the discovery. “Recent disclosure of the investigation of a hedge fund’s trading […]
Unit of Charles Schwab to Launch Equity Core Fund
WEST PALM BEACH, FL (HEDGECO.NET) – Charles Schwab US Trust Company and US Trust Company have announced plans to launch an equity fund. The proposed fund, an equity core fund seeks to provideinvestors in the fund with a total return […]
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 […]
Hedge Fund Manager Devotes Part of its Fees to Charity
WEST PALM BEACH, FL (HEDGECO.NET) – Christopher Hohn has created the first hedge fund devoting some portion of its fees for charitable organization. Hohn was a former fund manager at Perry Capital,where he spent about seven years; he is regarded […]
Maximum Dynamics Announces Another Strategic Partnership in Mexico
COLORADO SPRINGS, Colo., Jan. 15, 2004 (PRIMEZONE) — Maximum Dynamics, Inc. (OTCBB:MXDY), a technology solutions company that combines cutting edge technology with its back office and administrationservices to provide client-side support and business process management services, announced today that it […]
SEC Turns its Attention to Mutual Fund Brokerage Scandals
WEST PALM BEACH, Fl (HEDGECO.NET) – Just when investors think the mutual fund scandals are behind them, a new phase of investigations is initiated. This time the US Securities and Exchange Commission[SEC] is directing its full attention on mutual fund […]
Gemini Investments Strategies Launches New Hedge funds
WEST PALM BEACH, FL (HEDGECO.NET) – The New Jersey based Gemini Investment Strategies has unveiled new hedge funds; according to a new statement released by the firm. The new fund, utilizingconvertible arbitrage strategy requires a minimum investment of $1million. Speaking […]