Monthly Archives: February 2004

TOKYO, Feb. 19 (Kyodo) — ———- Shinsei Bank proves popular on TSE debut TOKYO – Shinsei Bank attracted great attention on its first day of trading on the main section of the Tokyo Stock Exchange (TSE) on Thursday, ending the […]

HONG KONG (HEDGECO.NET) – Pioneer Investments is about to join the retail hedge fund market of Hong Kong, with the establishment of multi-manager and multi-strategy fund of hedge funds, Edmund Lacismade the disclosure in a released statement.Lacis is Pioneer�s Asia […]

WEST PALM BEACH, FL (HEDGECO,NET) – Invesco Asset Management has unveiled a new hedge fund, the new product, would be utilizing the Equity Market Neutral Strategy for trading purposes, according thereleased statement. The new portfolio is being managed by the […]

NEW YORK (AP) – Mutual fund giant Franklin Resources Inc. says the trading activity at the center of charges recently filed by Massachusetts regulators harmed no one, and the mutual-fund company hasrejected at least $3 billion in assets from “market-timing” […]

NEW YORK (AP) — The dollar staged a strong corrective rally against its major rivals in U.S. trading Wednesday from new lows overnight as investors, particularly hedge funds, pared back bets theU.S. currency will sink much further in the immediate […]

NEW YORK – The New York Stock Exchange’s five largest “specialist” firms tentatively agreed to pay a total of about $240 million to settle civil charges that they failed to supervise traders whostepped ahead of customer orders on the Big […]

Goodman & Company, Investment Counsel Ltd., the manager of diversiTrust Income+ Fund (“the Fund”) is pleased to announce the closing of the initial public offering of 18,000,000 trust units(“Trust Units”) of the Fund for gross proceeds of $180,000,000 million ($10 […]

diversiTrust Income Fund (TSX:DTF), announces a monthly distribution of $0.0771 per unit of the Fund (the “Trust Units”). The distribution will be paid on March 12, 2004, to unitholders of record asof February 27, 2004. This distribution represents an annualized […]

TOKYO, Feb. 19 (Kyodo) — The U.S. dollar traded in the lower half of the 106 yen level in early Tokyo trading Thursday after rising above the 107 yen line the previous day in New York for the firsttime in […]

TOKYO, Feb. 19 (Kyodo) — The U.S. dollar trimmed sharp overnight gains above 107 yen and mostly traded around the mid-106 yen level Thursday morning in Tokyo on selling by Japanese exporters. At noon, the dollar was quoted at 106.65-67 […]

ZURICH, SWITZERLAND (HEDGECO.NET) – A new hedge fund research company has been formed by Primores, with the aim of focusing totally on fund of hedge funds research. In a statement, the company said,�We are pleased to announce the formation of […]

MERRILL LYNCH did Invensys no favours yesterday. The broker told shareholders in the engineering group to sell, and it seems as if investors followed the advice as Invensys dropped 0.5p to 25p. Following details of Invensys’ refinancing, Merrill has taken […]