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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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, […]

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 […]

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 […]

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 […]

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 […]