Monthly Archives: February 2004
MARKET REPORT: Sportingbet’s turn to play Russian takeover roulette
THE RUSSIANS are coming. On Tuesday, City dealing rooms were awash with talk that Russian businessman Alisher Usmanov was looking to put together a bid for steel maker Corus, where he is already thesecond biggest shareholder. Yesterday, Sportingbet was in […]
Greenspan Delivers a “Rational Exuberance†Speech on the US Economy
WEST PALM BEACH, FL (HEDGECO.NET) – The Chairman of the Federal Reserve Board, Alan Greenspan told a House Committee on Financial Services that the US economy is poised for vigorous growth. Theeconomy turned the corner last year, and has now […]
More Japanese Currency Investors Dump the Dollar, Yen Option Volatility Soars
WEST PALM BEACH, FL (HEDGECO.NET) – Many Japanese currency investors are selling the dollar, and buying the yen, as currency market analysts think the dollar would continue to fall in the comingmonths. JP Morgan is predicting that the dollar could […]
Officials order new mutual fund reforms
Federal regulators Wednesday ordered new mutual fund reforms and proposed a ban on hidden brokerage commissions. The Securities and Exchange Commission held the fourth in a series of open meetings on investor protection initiatives in response to the ongoing fund […]
AME Info, Abu Dhabi, United Arab Emirates, Financial Briefs Column
Feb. 11–OPEC MOVE TO BOOST GCC STOCKS: GCC stock markets are likely to have the wind in their sails this week thanks to Opec’s decision to cut oil production. Higher oil prices have underpinnedrecent stock market performance, and the Opec […]
Protection fund ‘last straw’ for final-salary pensions
GOVERNMENT plans for a pensions lifeboat were slammed today, hours ahead of publication of a new pensions Bill. Pension experts said the proposed Pensions Protection Fund would add to the flood of employers abandoning guaranteed pensions. Opposition to the PPF […]
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 […]