Monthly Archives: February 2004
Now stake your pensions claim ; money mail
CHOOSING the best pension provider is not rocket science – it all boils down to investment performance. If you don’t have access to a company pension scheme then you have to go down the personal pension route. In the 1990s […]
Mergers Are Back; Gabelli ABC Fund to Reopen
When Gabelli Asset Management issued its earnings release on January 29, 2004, we pointed out that we would re-open our Gabelli ABC Fund on March 1, 2004. Since we received a number of inquiriesrelated to this announcement, we thought it […]
RWANDA A close look at rare mountain gorillas AP Photos NY422
VOLCANOES NATIONAL PARK, Rwanda (AP) — Through mossy vines, I was watching large black fuzzy heads munch quietly on leafy lunches when I noticed that I, too, was being watched, closely, on MountKarisimbi. As a mountain gorilla emerged briskly from […]
Focus Investments Set to Unveil New Fund of Funds Product
WEST PALM BEACH, FL (HEDGECO.NET) – The investment asset manager, Focus Group is making final preparations to unveil a new hedge fund in a few weeks time. The firm announced that its new hedge fund,the Focus Arbitrage Enhanced fund would […]
Man Asset Management Launches New Fund
WEST PALM BEACH, FL (HEDGECO.NET) – Man Investments has launched a new hedge fund, a multi-strategy capital guaranteed bond fund, according to a released company statement. The new fund, called theMan RMF Multi-Style Ltd fund, would invest in five different […]
Vista Research Managing Director Presents at the Blue Ribbon Hedge Fund Symposium
Vista Research -0- *T WHO: Stanton Green, President and Managing Director of Vista Research, an independent research firm for hedge funds and other buy-side asset managers. WHAT: Moderating a panel discussion at the Blue Ribbon Hedge Fund Symposium. TOPIC: “What’s […]
Wealth management way ahead ; City Comment
THE placing power of Swiss banks used to be the envy of the financial world. Tucked away in their vaults in Zurich they held thousands of discretionary accounts they could stuff with Eurobonds ofvariable provenance, in the near-certain knowledge that […]
Franklin scandal peaks
SAN MATEO — Mutual fund giant Franklin Resources, the largest publicly traded U.S. mutual fund manager, said the Securities and Exchange Commission may take action against the company and twounidentified senior employees for alleged improper trading. Massachusetts regulators last week […]
Franklin Resources Unit, Two Executives May Face SEC Action
Feb. 10–The Securities and Exchange Commission may take action against a unit of Franklin Resources of San Mateo and two unidentified senior officers for allegedly allowing improper trading in itsmutual funds. The news was disclosed in an SEC filing by […]
Onex Corporation Closes Hedge Fund as assets hit US$1.65 billion
WEST PALM BEACH, FL (HEDGECO.NET) – The Canadian based Onex Corporation released a statement announcing the closing of its hedge fund, the Onex PartnersLLP, as assets in the fund reached US$165billion. Investors in the Onex fund include public and private […]
The World’s Largest Retirement Fund May Post First Positive Results Soon
WEST PALM BEACH, FL (HEDGECO.NET) – The world�s largest pension scheme, the Japanese Government retirement pension plan [$379bn,] public pension fund, with more assets than the total GDP ofSwitzerland is set to report positive results at the end of March, […]
SEC To Force Mutual Funds to stop excessive commission payout
WEST PALM BEACH, FL (HEDGECO.NET) – The US Securities and Exchange Commission has ordered mutual fund establishments to stop paying excessive commissions to brokers for promoting the fund products ofthose firms. These are the continuing fallout from the mutual fund/hedge […]