Goodman & Company, Investment Counsel Ltd., the manager of diversiTrust(TM) Income+ Fund (“the Fund”) is pleased to announce that the agents of the previously announced initial public offering oftrust units (“Trust Units”) have exercised their over-allotment option and have purchased […]

WEST PALM BEACH, FL (HEDGECO.NET) – AGF asset Management Company has selected the risk management software developed by Riskdata for the risk reduction management of its Fund of funds operations. Thenew FOFIX platform is fully dedicated to Fund of funds […]

PITTSBURGH (AP) – Mellon Financial Corp. and its Dreyfus Corp. subsidiary wrongly spent mutual fund assets on marketing expenses, including payments that induced brokers to push Dreyfus funds totheir customers over other investments, a federal lawsuit charges. The U.S. District […]

WEST PALM BEACH, FL (HEDGECO.NET) – Clinton Group is currently in talks with the remaining investors in its troubled hedge fund, the Trinity hedge fund. Such talks are centered on the issue ofwhether the fund should still remain open or […]

IIB Bank has launched a new bond that allows people to invest as little as E10,000 in a portfolio of hedge funds. These funds are usually only available for much higher investment sums. The portfolio for the Growth Advantage Bond […]

TOKYO, Feb. 27 (Kyodo) — Japan used 3.34 trillion yen in February to intervene in the currency market to keep the yen from rising against the U.S. dollar, the Finance Ministry said Friday. This brought the total amount of funds […]

There is a game you can play with the boards of Irish public companies. It is to establish the personal and social connections between the non-executive directors. When it comes to companies chaired by Sir Anthony O’Reilly, such as Independent […]

170. Aloysio de Andrade Faria, Brazil, 83, $2.9, banking 342. Richard Farmer, Ohio, 69, $1.7, Cintas 437. Leonid Fedun, Russia, 47, $1.3, oil 128. Michele Ferrero, Italy, 77, $3.7, chocolates 472. Frederick Field, California, 51, $1.2, media 247. David Filo, […]

PIMCO Advisors Fund Management LLC: -0- *T PIMCO MUNICIPAL INCOME FUND, PIMCO CALIFORNIA MUNICIPAL INCOME FUND, PIMCO NEW YORK MUNICIPAL INCOME FUND, PIMCO MUNICIPAL INCOME FUND II, PIMCO CALIFORNIA MUNICIPAL INCOME FUND II, PIMCO NEW YORK MUNICIPAL INCOME FUND II, […]

The ranking of the world’s richest people as estimated by Forbes magazine. Listings include rank, name, home country or state, age where known, wealth in billions of dollars and source of the money. 1. William Gates III, Washington, 48, $46.6, […]

472. Mohammed A. Al Bahar, Kuwait, $1.2, finance 472. Belmiro de Azevedo, Portugal, 65, $1.2, diversified 472. Pierre Bellon and family, France, 74, $1.2, food services 472. Arthur Blank, Georgia, 61, $1.2, Home Depot 472. Anneliese Brost, Germany, 83, $1.2, […]

1. William Gates III, Washington, 48, $46.6, Microsoft 2. Warren Buffett, Nebraska, 73, $42.9, Berkshire Hathaway 5. Paul Allen, Washington, 51, $21000, Microsoft, investments 6. Alice Walton, Texas, 55, $20, Wal-Mart 6. Helen Walton, Arkansas, 84, $20, Wal-Mart 6. Jim […]