Monthly Archives: January 2004
Black got special deals, lawsuit says
The board of Hollinger International repeatedly approved deals that benefited Conrad Black, its chairman, and other company executives without independent analysis, opinions on fairness or extensivediscussion of the rationale behind them, according to a lawsuit filed by a major Hollinger […]
Britannic puts down marker for Abbey National Asset Managers; Deal with life assurance-to-investments group would keep (pounds) 28bn of funds in Glasgow
BRITANNIC is extremely keen to acquire Abbey National Asset Managers – sources familiar with Britannic revealed yesterday – raising hopes that ANAM’s (pounds) 28bn of funds could stay in Glasgow. Abbey National is universally expected to abandon ANAM, either by […]
Oil price could keep bubbling if dollar stays weak
LONDON: Further falls in the sickly dollar’s value could keep oil prices bubbling this year, spurring fresh moves by hedge funds into commodities markets and reinforcing the OPEC cartel’sdetermination to hold levels firm, analysts said. The dollar-oil relationship emerged as […]
Dollar spikes against yen after touching new 40-month low in Tokyo+
TOKYO, Jan. 6 (Kyodo) — The U.S. dollar spiked against the yen in late Tuesday trading in Tokyo after hitting a new 40-month low here close to the 105 yen range while it plunged to a record lowagainst the euro. […]
Janus, Putnam bear big losses
Just because a mutual fund company has been implicated in the rapidly expanding trading probe doesn’t mean its funds are laggards. The performance of scandal-tainted mutual funds last year was all across the board. Even within many of the fund […]
New CSFB/Tremont DATA for November 2003
WEST PALM BEACH (HEDGECO.NET) -The new CSFB/Tremont hedge fund data shows that hedge funds gained 1.08% for the month of November, 2003. The long/short equity category was the best performer for the month with a gain of 1.70%. Explaining the […]
BNP Paribas Launches Three New Hedge Funds
WEST PALM BEACH (HEDGECO.NET) – BNP Paribas Asset Management Company, the investment subsidiary of BNP Paribas has added three new hedge funds to its hedge fund investment umbrella. According tocompany spokesman, the asset manager has unveiled a new market neutral […]
Monday briefing: PAPERS
Observer Insurance companies and analysts are warning that there could be further cuts in bonuses and payouts on with-profits investments this year despite the stock market recovery. America’s Home Depot , the world’s largest DIY retailer, is considering a pounds […]
Daily News, New York, Guerrilla Investing Column
Jan. 5–Last week, I called some of the smartest stock investors I know. Surprisingly, many were still very bullish. Henry Mehlman has turned around the John Hancock Small Cap and Focused Equity Funds since taking them over during the bear […]
TheStreet.com Announces Further Expansion of Institutional Services; Independent Research Group LLC Launches In-House Trading Desk
NEW YORK–(BUSINESS WIRE)–Jan. 5, 2004–TheStreet.com, Inc. (Nasdaq:TSCM), a leading multimedia provider of financial research, commentary, analysis and news, today announced that its wholly ownedsubsidiary, Independent Research Group LLC (IRG), has commenced in-house execution of equity trades on behalf of its […]
Lawsuit claims Black got special deals
The board of Hollinger International repeatedly approved deals that benefited Conrad Black, its chairman, and other company executives without independent analysis, fairness opinions or extensivediscussion of the rationale for such decisions, according to a lawsuit filed by a major Hollinger […]
Commodities ride recovery in world economy AHEAD OF THE MARKETS
A hedge fund manager, back from a visit to Argentina, says he witnessed a Chinese delegation seeking to buy up all of the South American country’s excess production of flour. A run on the global flour market? Well, after a […]