IN THE current mood, people only seem interested in what is going up, but if you want simply to check on where the next disaster might lurk, take a look at the convertible bond market. Last year convertible bonds accounted […]

Sony Corp.’s earnings plunged 26 percent for the latest quarter as expenses for job cuts and other restructuring costs and lower profits from its electronics, moviemaking and video games businessoffset profit improvement in its music business. But the Japanese electronics […]

STOCKHOLM, Sweden, Jan. 28, 2004 (PRIMEZONE) — Invik & Co. AB today announced that Aktie-Ansvar, one of Invik’s subsidiaries, has been awarded the newspaper Privata Affarer’s prize forSweden’s best hedge fund for the year of 2003. The awarded fund, “Graal”, […]

SAN DIEGO, Jan. 28, 2004 (PRIMEZONE) — Sagient Research Systems (OTCBB:PCSR), a publisher of independent research for the financial services and institutional investment communities, today announcedthat its President & CEO, Brian M. Overstreet, has been interviewed on CEOCast. In the […]

What is market timing? Market timing is a form of arbitrage based on the fact that funds can be invested in equities listed on stock markets with different time zones. Unit trusts are priced at 12 noon, and any investor […]

FOR THE past two months, Britain’s 25 largest fund managers have been dreading a knock on the front door. The Financial Services Authority, in many cases giving little more than 24 hours’ notice, hasbeen carrying out what have been described […]

Embattled mutual fund giant Putnam Investments volunteered Tuesday to cut the fees it charges investors, as New York Attorney General Eliot Spitzer defended his attempts to extract fee reductionsfrom fund companies. In testimony before a Senate subcommittee, Spitzer said that […]

The Securities and Exchange Commission shut down Tuesday an investment firm it described as a Ponzi scheme and which once had more than a dozen NFL players as clients. In three years, Ware Enterprises and Investments Inc. attracted $16.5 million […]

WEST PALM BEACH, FL (HEDGECO.NET)- Mainstream investors seeking absolute returns and protection in down markets continue to pour investment assets into hedge funds and other alternative investments.Unlike traditional mutual funds, hedge funds use different strategies in different market environments, such […]

xfdce NIGHTLY-BUSINESS-REPO-00 Show: NIGHTLY BUSINESS REPORT> Date: January 27, 2004> Time: 18:30:00> Tran: 012700cb.118> Type: SHOW> Head: Nightly Business Report> Sect: Business> Byline: Paul Kangas, Susie Gharib> Guest: Charles Gabriel, Lionel Barber> Spec: Business; Economy> Time: 00:00:00> PAUL KANGAS, NIGHTLY […]

TOKYO (AP) _ Hideki Matsui gave Prime Minister Junichiro Koizumi a Yankees warmup jacket and an autographed bat after accepting the Japan Professional Sports Award. “He has the heart of a sportsman and the jacket looks pretty good on him,” […]

Tokyo, Jan. 27 (Jiji Press)–Stocks erased their earlier gains to finish moderately lower on the Tokyo Stock Exchange Tuesday, as investors moved to reap profits for now amid a growing wait-and-seemood ahead of a series of earnings reports by major […]