Monthly Archives: February 2004
diversiTrust Income+ Fund Begins Trading on the Toronto Stock Exchange
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 Announces Distribution
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 […]
Dollar moves in lower-106 yen level in early Tokyo trading+
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 […]
Dollar trims sharp overnight gains on exporters selling in Tokyo+
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 […]
Primores Forms Fund of Hedge Funds Research Firm
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 […]
MARKET REPORT: Invensys suffers downgrade as broker warns of bleak outlook
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 […]
Zacks.com Announces That Dan Sullivan Highlights the Following Mutual Funds: Hussman Strategic Growth, Yacktman Focused, and FPA Crescent
Dan Sullivan doesn’t see a major decline in the making, which leaves investors with more opportunity to profit. Capitalize on all the optimism in the market for as long as it lasts through thisexpert’s mutual fund analysis and recommendations. Read […]
One World Launches Emerging Market Hedge Fund
BOSTON, MA (HEDGECO.NET) – One World Investments has launched a new Hedge fund, the One World Emerging Market Global Macro Fund according to new released statements from the firm. The new strategywould be seeking out suitable emerging market opportunities in […]
Former Morgan Stanley Analyst to Launch a New Hedge Fund
WEST PALM BEACH, FL (HEDGECO.NET) – A former Morgan Stanley analyst, Nam Ki Hong has announced he is launching a new hedge fund; the new fund would have a focus on Asia, particularly Korea. Mr. Hongwas formerly a Korean analyst […]
Former Morgan Stanley Analyst to Launch a New Hedge Fund
WEST PALM BEACH, FL (HEDGECO.NET) – A former Morgan Stanley analyst, Nam Ki Hong has announced he is launching a new hedge fund; the new fund would have a focus on Asia, particularly Korea. Mr. Hongwas formerly a Korean analyst […]
Against-the-grain investors conjure a brighter picture at Kodak
ROCHESTER, New York (AP) — Just when Eastman Kodak Co.’s destiny seems dimmer than an old-fashioned darkroom, along comes a class of investors who like what they see. Willing to bet the 123-year-old photography icon will make the painful transition […]
Why customers must come first ; MONDAY VIEW
AN Y B O D Y with an interest in industry, management or the behaviour of the financial services industries cannot have missed the recent debates about corporate governance. There is no doubt that governance is important, as the examples […]